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Austin homebuilding surged in 2nd quarter, but tougher times may loom, experts say

from Austin American-Statesman

Austin homebuilding surged in 2nd quarter, but tougher times may loom, experts say Austin American-Statesman As many parts of the economy take a brutal blow from the coronoavirus pandemic, the homebuilding market in Central Texas — at least for now — is a notable exception, new figures show. Second quarter and annual 12-month running totals in the Austin area set records, according to the latest report by Metrostudy, which tracks the five-county Austin-Round Rock housing market from Georgetown to San Marcos. READ MORE

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