Friday, April 5, 2013

New home starts on the rise in North Texas via

Home builders started construction on the most homes in five years during the first quarter, as job and population growth continued to fuel a housing rebound in North Texas, according to two market reports released Thursday.

Home starts reached 4,312 in the first three months of the year, up 35 percent from the same period of 2012, said Dallas-based MetroStudy.

"It is likely home builders will start over 20,000 homes in 2013," said David Brown, MetroStudy's Dallas-Fort Worth regional director. "Starts in 2013, however, will still be 60 percent below the peak activity level in 2006."

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