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Dallas, Houston And Austin On Track To Build A Total Of Nearly 130,000 Homes In 2017

Five stories that have North Texas talking: Texas is building thousands of new homes; an SMU grad is interim White House communications director; three…

Texas is building new homes like it's going out of style.

Dallas, Houston and Austin are on track to build a total of 130,000 new homes this year, according to a Trulia analysis of building permits. Bloomberg reports, "That's more than 10 percent of all new construction expected in the U.S. this year." The three Texas metros plus New York and Phoenix are the top five in the country for permitting activity.

Austin stands out among the trio. It's expected to add 30,000 new homes in 2017, which is more than double its yearly average from 1980 to 2016. In simpler terms: It's growing like a weed.

Trulia data show almost 49,000 building permits for new residential construction in Dallas in 2017. That's also a lot (61 percent) more than in years past.

That might sound like good news to home builders, but Dallas-Fort Worth is also lacking in an important area of the industry: workers. Phil Crone of the Dallas Builders Association estimates the metro to be short 18,000 to 20,000 workers. [Bloomberg, Trulia, KERA News]

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