Source: Metrostudy Inc.
Tech, finance, transportation — Dallas-Fort Worth has a lot of industry stars. But when it comes to the homebuilding sector, North Texas is the country's undisputed king. D-FW continued to top the U.S. home construction rankings at midyear. With 36,264 home starts in the 12 months ending with the second quarter, D-FW far surpassed other big American housing markets for total production, according to a new report by housing analyst Metrostudy Inc. D-FW builders are starting about 40 percent more homes than in the Atlanta and Phoenix metro areas and almost 70 percent more than in Denver. D-FW home starts rose 12.7 percent annually in the just-released second-quarter housing comparison. North Texas has been a leading U.S. housing market since the end of the Great Recession."We will continue to secure the top position for the next few years," said Metrostudy's regional director Paige Shipp. "During the past 12 months, we started 6,300 more new homes than Houston [the No. 2 U.S. market], and our growth pace is twice that of Houston. "Coupled with the fact that D-FW builders and developers are finally cracking the 'affordable new home code,' I expect that D-FW will be the most active new-home market for the foreseeable future."
- Dallas Morning News, August 23, 2018