Report: Dallas-Fort Worth is No. 2 in new-home sales, starts

Despite huge cuts in the residential construction business, Dallas-Fort Worth still ranks second in the country in new-home sales and starts.

Only Houston had more new-house construction and sales during the 12-month period ending in March, housing analyst Metrostudy Inc. said Tuesday in a new report.

"I expect the D-FW area and Houston to continue to lead the nation in new-home starts and closings," said David Brown, who heads Metrostudy's Dallas office. "Even though activity has fallen off dramatically, the slowdown in Dallas-Fort Worth and other Texas markets is not nearly as severe as other markets around the country.

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