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Hot start for North Texas homebuilders in 2024 has cooled slightly. Here’s why
DALLAS NEWS writes:
“High interest rates and a buildup of finished inventory are partly to blame.
The hot start North Texas home builders saw in the first three months of the year cooled slightly in the spring.
Dallas-Fort Worth builders started 13,942 new homes between April and June, a drop of 5.1% from the nearly 15,000 starts in Q2 2023, according to estimates from Residential Strategies Inc., a Dallas market research firm that tracks Texas’ new home industry.”
Read more on the original article below:
dallasnews.com
Hot start for North Texas homebuilders in 2024 has cooled slightly. Here’s why
Dallas-Fort Worth builders started 13,942 new homes between April and June, a drop of 5.1% from almost 15,000 starts in Q2 2023, according to estimates from...
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