Texas Is Winning America's Homebuilding Race
As can be seen from the following infographic, the residential construction sector is literally a hot property in Texas this year. Dallas and Houston are set to build 48,772 and 47,992 new homes respectively while New York follows with approximately 40,000. Another Texas metropolitan area, Austin, comes fourth overall and is predicted to build 29,872 homes this year. The primary factors impacting residential construction across different regions include strong job growth, increasing wages and rising home values.
This chart shows the U.S. metro areas ont rack to build the most new homes in 2017.