Thursday, October 01, 2009

Texas cities tops in home sales

We keep hearing that the economy in Texas is doing better than the rest of the country. Eye popping proof of this comes in the latest list of the country's top new home sales markets. Houston and D-FW lead the pack by a wide margin, according to analyst Metrostudy Inc. Even more startling is that the current rate of new home sales here is almost twice the start volume. How long can that last?

RankMarket2Q09 Annual New Home Closings
1Houston25,577
2Dallas-Ft. Worth21,573
3Phoenix17,432
4Atlanta17,144
5Chicago16,573
6Orlando16,036
7Maryland9,643
8Charlotte9,607
9Inland Empire9,449
10Austin9,406
Steve Brown/DMN