New Homes Sales

Demand on new home construction is running strong enough that production is lagging. The link below contains a graph that shows new home sales in the U.S. since 1963.  A graph of Austin’s new home sales would show an even sharper spike over the past 2 years indicating a significant increase in construction in Austin’s real estate market.  Austin’s low inventory of homes will undoubtedly continue the increase in local construction.

Click here for New Homes Sales and Recessions graph

Christine -

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