An HBW report on total permits and top home builders during the month of October 2018.

Last month, the Lone Star State experienced a month-over-month increase of 20% in new residential construction permits.  The combined total housing starts across the four major metro areas reviewed (Dallas, Houston, Austin, San Antonio) led to 6,900 new residential construction permits with a total value close to $1.7 billion being added to the HBW database.  The region with the greatest number of housing starts for the one-month period was Houston (2,720 permits), and the area with the highest total value of construction was Dallas (total construction value: ~$778M).

When looking at leading builders by area, month after month D.R. Horton rises to the top for housing starts.  Last month, the mega builder ranked #1 in three metro areas (Houston, Dallas, Austin) out of four reviewed.  In San Antonio, Lennar Homes led for total permits, as well as ranked #2 in Houston and Dallas.  Here is a closer look at the top builders leading new residential construction last month by area:

Houston

With a 25% month-over-month increase in new residential construction, Houston ranked #1 for total housing starts, surpassing Dallas with approximately 2,720 new permits and a total construction value of $553.5M.

Out of the more than 350 active builders in the area last month, the “Top Builders” for total permits are as follows:

#1 D.R. Horton

#2 Lennar Homes

#3 K Hovnanian Homes

#4 Perry Homes

#5 KB Homes

 

Dallas

Dallas was not far behind Houston as it ranked second highest for housing starts.  Having experienced a 10% month-over-month increase in housing starts, there were just over 2,680 new residential construction permits with a total value close to $778M added to the HBW database for the area last month.

Out of the approximately 295 active builders in the area last month, the “Top Builders” for total permits are as follows:

#1 D.R. Horton

#2 Lennar Homes

#3 LGI Homes

#4 First Texas Homes

#5 Highland Homes

 

Austin

In Austin, there were 1,000 housing starts with a total value in excess of $250M last month, reflecting a 25% month-over-month increase.

Out of the approximately 120 active builders in the area last month, the “Top Builders” for total permits are as follows:

#1 D.R. Horton

#2 KB Homes

#3 Pulte Homes

#4 Taylor Morrison Homes

#5 Meritage Homes

 

San Antonio

Last month, there were approximately 490 housing starts on file with a total construction value close to $97M.  While San Antonio ranked lowest for total permits, new construction activity is ahead of the previous month (September) by a sizeable 16%.

Out of the more than 100 active builders in the area last month, the “Top Builders” for total permits are as follows:

#1 Lennar Homes

#2 Meritage Homes

#3 KB Homes

#4 Pulte Homes

#5 Bella Vista Cmi Ltd

 

To gain more information on the builders, homeowners and permits for the construction activity above, check out HBW for your copy of the latest construction data reports. To gain access to the HBW database and receive custom and detailed reports on the latest residential and commercial building activity in Florida, Georgia, Texas, Alabama, and Oklahoma, please contact HBW for details.