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DFW residential market posts surprisingly strong second-quarter sales, starts

from D Magazine

DFW residential market posts surprisingly strong second-quarter sales, starts D Magazine Despite significant job losses and fallout from COVID-19, DFW homebuilders recorded “stunningly positive” in the second quarter of 2020, according to a new report from Residential Strategies Inc. For the quarter, builders began work on 10,579 residences—a 17.9 percent increase over the same period from 2019. Closings also climbed sharply to 10,565, up 16.4 percent year over year, and the strongest quarterly performance since Q4 2016. READ MORE

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