Dallas-Fort Worth is hanging onto its top spot as the country's busiest homebuilding market. During the year ended with June, builders started 31,049 single-family homes in the D-FW area, according to data from Metrostudy Inc. That's up from the 29,626 single-family home starts that put the area at the top of the national building ranking in 2016. Houston was a close second to D-FW with 27,114 home starts. "D-FW is still the top market for new home activity in the U.S.," said Metrostudy's Paige Shipp. "However, Houston's growth is back in the positive, so they are nipping at our heels. During the energy bust, Houston builders were forced to reproduct and drop prices to meet the changing demand," she said. " So, they are beating us at the affordability game." D-FW home starts are at the highest level since the Great Recession. But they are still about 40 percent below were in 2006 before the housing bust. And median D-FW new home prices are more than $100,000 higher than they were 10 years ago.
Dallas Morning News, August 10, 2017