Currently Reading

Austin Starting Strong

Advertisement
Housing Markets

Austin Starting Strong

Housing starts in Austin, Texas were up 7 percent annually in the first quarter of 2019, and grew 22 percent from Q4 2018, per Metrostudy data.


April 30, 2019
@mango_quan | Housing starts in Austin, Texas were up 7 percent annually in the first quarter of 2019, and grew 22 percent from Q4 2018, per Metrostudy data.
Photo: Harry Quan/Unsplash

Housing starts in Austin, Texas were up 7 percent annually in the first quarter of 2019, and grew 22 percent from Q4 2018.

On an annual basis for the 12 months ending March 2019, builders started 16,674 houses in Austin, up 1 percent over the previous 12-month period, National Mortgage News reports. More than 50 percent of the first quarter starts this year were for homes in the $200,000 to $300,000 price range. 

The latest quarterly report comes after a year in which Central Texas saw starts climb to their second-highest level on record. Metrostudy's revised figures for calendar year 2018 came in at 16,398 starts, up from 16,385 in the preliminary count. The peak for a calendar year was in 2006, with 17,784 starts.

Read more

Related Stories

Construction

15 Most Unaffordable Metros for Construction Workers

To purchase a median-priced home in any of these 15 metros, construction workers would need to work year-round overtime. An analysis conducted by…

Market Data + Trends

Lake Living Leads in Vacation Home Purchases During the Pandemic

Waterfront living has been divided into two categories: oceanfront or lakefront living. Homes on the ocean have typically been the most popular…

Market Data + Trends

What to Expect From 2021's Housing Market

After a year of many broken records, there remains much uncertainty about the 2021 housing market. Realtor.com says prospective homebuyers will…

Advertisement
Advertisement

More in Category




Advertisement
Advertisement

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.