Phoenix MSA #4 in 2017 Top Housing Markets

A short posting online yesterday caught your MesaZona blogger's attention

South, Southwest sweep list of 50 largest new-home markets 

Mary Tyler March @mtmarch

Construction Dive | 2017-06-12

Dallas-Fort Worth, TX, is now the top market for new residential construction in the U.S. after trailing Houston since 2010, according to Builder magazine's annual ranking of the top 50 new-home markets by closings.

Three other Texas markets made the list's top 10 in 2017:

• Houston/The Woodlands/Sugar Land (No. 2)
• Austin/Round Rock (No. 5)
• San Antonio/New Braunfels (No. 9)

The Top 10 also included the following states - overall, the South and Southwest dominated the list, with

Atlanta/Sandy Springs/Roswell, GA

Phoenix/Mesa/Scottsdale, AZ

The Greater Washington, DC, metro area

Orlando/Kissimmee/Sanford, FL

Charlotte/Concord/Gastonia, NC. Rounding out the list . . .

Mary Taylor March also features in her article a resource website that has a deeper analysis of the U.S. housing market:

Industry Dive 

Across the U.S., the construction industry is anything but uniform. In this series, the Construction Dive team sheds light on these differences — speaking with industry leaders from each state to discuss the business conditions impacting their market.

According to CityLab’s analysis, Dallas and Fort Worth are making strides toward improving housing availability, too.

Atlanta is also gearing up for a population shift as the metro area expects to more than double its headcount by 2040.
The city council in May voted to allow tiny houses and other accessory dwelling units with an amendment that updated a size-restrictive zoning ordinance to allow homes less than 750 square feet to be built in certain areas of the city.
The move seeks to make smaller and typically more affordable housing options available in some of the metro's most popular areas.
Meanwhile, a recent comparison study by CityLab found that Phoenix was best-equipped to handle its current demand based on the volume of new, unoccupied residential inventory there. The report examined population increases in the 10 fastest-growing U.S. cities against the number of people the new housing stock could accommodate.

Arizona’s capital city is undergoing a revitalization of its downtown as tech-driven development spurs new demand for urban living in the area.        

 

2017 Local Leaders

Local Leaders Rank #4

Phoenix/Mesa/Scottsdale, AZ

Local Housing Datafxwyvuwtwuaftsd Powered By

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BUILDER Local Housing Data covers 361 MSAs and offers in-depth, localized, market-by-market housing insights, information, news, and data. Please use the dropdowns, zip entry, or map below to locate your market.  
Zips are mapped to the closest city we cover.

http://www.builderonline.com/local-housing-data

The Top 10 Local Leaders

Rank	Parent Company/Company	Closings 2016	Market Share 2016
1	PulteGroup	1,134	7.6%
2	CalAtlantic Group	1,014	6.8%
3	Taylor Morrison	998	6.6%
4	D. R. Horton	979	6.5%
5	Meritage Homes	958	6.4%
6	Shea Homes	866	5.8%
7	Lennar Corp.	729	4.9%
8	KB Home	571	3.8%
9	Fulton Homes	542	3.6%
10	M.D.C. Holdings	532	3.5%
	Top 10 Total Market Share	8,323	55.5%

Source: http://www.builderonline.com/land/local-leaders-list/2017