A View From the Top – Texas Residential Construction in November

From home builders with the most housing starts to areas with the highest concentration of new home construction, here is look at the top builders and areas in Texas last month.

Texas Housing Starts by Area – November 2017

While November wasn’t a record-breaking month for new residential construction in Texas, there were 3,700 new residential construction permits added to the HBW database with a total construction value in excess of $926M.  Out of the hundreds of active builders on file throughout the four major metro areas of Houston, Dallas, Austin and San Antonio, D.R. Horton dominated in three out of four areas and maintained its spot at the top for Texas housing starts.  Houston continues to lead for new residential construction activity (~1,470 permits), while Dallas continues to drive higher construction value at an average of $319k last month.

Here is a closer look at the top areas and builders by area for November:

Houston

For the month of November, Houston took top spot for total housing starts out of the four major metro areas reviewed, having approximately 1,470 new residential construction permits with a total value in excess of $282M added to the HBW database.  More than half of all new construction took place in Harris County (876 permits), and out of the 180 builders on file for the month, the following ranked at the top for total housing starts:

Company Total Permits
D.R. Horton Inc. 223
Perry Homes 87
Lennar Homes 62

 

Dallas

In Dallas, there were 1,350 housing starts with a total construction value of nearly $431M during November.  More than half of all new construction took place in the counties of Collin (393 permits) and Tarrant (370 permits).  Out of the approximately 250 active builders in the area for the month, the following took top spot for total new permits:

Company Total Permits
D.R. Horton Inc 259
First Texas Homes 57
Pulte Homes 49

 

Austin

Last month, there were nearly 520 housing starts totaling nearly $131M in Austin.  The bulk of new home construction took place in Travis County (>320 permits), and out of the 85+ active builders in the area, the following took top spot for total housing starts within the one-month period:

Company Total Permits
D.R. Horton Inc 68
Lennar Homes 42
K B Homes 38

 

San Antonio

In San Antonio there were nearly 360 housing starts with a total construction value nearing $83M last month.  The highest concentration of new residential construction could be found in Bexar County (153 permits), and out of the 95 active builders on file, the following builders were positioned at the top for total new permits for the one-month period:

Company Total Permits
Continental Homes Of Texas 45
KB Homes 33
M/I Homes 21

 

Information utilized for Texas residential construction reports was directly derived from HBW 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.

Comments are closed.