The pace of home construction in the San Antonio area is on track to break records, according to Jack Inselmann, regional director in San Antonio at Zonda, a housing-market research firm.
Builders started work on 5,132 homes in the second quarter which trails the peak of 5,437 homes begun in the second quarter of 2006, just before the national housing market collapsed.
Builders started construction on 9,666 homes during the first six months of 2021, up from 7,166 last year. The annual rate of housing starts reached 18,911 at the end of the second quarter, trailing San Antonio’s all-time high of 19,818 homes at the end of the third quarter of 2006. That’s up 33.6 percent from a year ago, the highest year-over-year percentage change among the top 15 U.S. housing markets.
Lumber futures have dropped almost 50 percent from their 300 percent peak in May 2021, according to Nasdaq.
Bill Miller Bar-B-Q is working to acquire 57 acres on the City’s West Side for $3.1 million with plans to move its headquarters and operations to the property. The property is adjacent to distribution centers for Amazon.com Inc. and Glazer’s Beer & Beverage, and it is also near the San Antonio Food Bank. 
Despite the uncertainty in the air, some of San Antonio’s largest and most anticipated commercial developments are still set to finish this year.
