Source: RECON (Real Estate Center Online News) August 30, 2011
HOUSTON (Houston Business Journal) – Three Texas MSAs are among the nation's strongest when it comes to residential construction activity. In fact, two of them lead the way in the value of private housing projects authorized last year.
According to the U.S. Census Bureau, Houston-Sugar Land-Baytown had $4.17 billion in new residential projects in 2010, more than any other U.S. city. Dallas-Fort Worth-Arlington came in second with $3.87 billion.
Also cracking the top ten was Austin-Round Rock-San Marcos. With $1.29 billion in residential projects last year, the MSA ranked tenth.
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