And the Great State of Texas
comes in first again!
This time we are leading the
country in new housing starts.
As reported by
Even as oil prices and production were starting to decline, Texas still managed to add people — and housing. Newly released numbers from the Census Bureau show that
Texas built more new housing units than any other state between July 1, 2014 and
July 1, 2015. The state added an impressive 162,312 units for a growth rate of 1.6 percent. Compare that to California, which added 79,977 for a growth rate of only 0.6 percent.
So although our inventory of available homes for sale remains low,
our new home builders are steadily working to have more homes available.
Ready to begin your home search? Start here!
BROKER/ASSOCIATE/REALTOR, ABR, AHWD, ALHS, ASP, BPOR, CAPS, CDPE, CGP,
Multi-Million Dollar Consultant
Texas Licensed Real Estate Broker
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