San Antonio new home starts on track for 9,000

While home building slowed a bit during the third quarter, builders still are on pace to start more than 9,000 homes this year.

During the third quarter, there were 2,304 single-family home starts in the San Antonio area, according to data from market research firm MetroStudy.  That’s up from 2,243 starts recorded last year, a nearly 3 percent increase.

Through the third quarter, the number of home starts was 8,508, a more than 9 percent jump compared to last year when there were 7,796.

Currently, there are about 1,200 finished homes available — about 1.8 months of inventory — and another 3,000 under construction.

Click to read entire article: New home production on track for 9,000 starts (San Antonio Express-News, 11-28-13)