America’s 15 Fastest-Growing New-Home Markets from Elaine Golden-Gealer

Elaine2aMetrostudy does a 100% count within markets across the country of move-ins into newly-built homes.  This is a powerful and reliable measure of end-user demand.  The top two markets have outsized percentage changes because they are starting from a low base number.  In terms of the large markets, Central Florida has seen a 24.3% increase in new home demand in the past year, and Charlotte, NC, has seen a 23.4%.  Atlanta, which was savaged by the downturn, has seen a 22.9% increase.  New home construction is picking up in all of these markets, as builders scramble to meet increased demand.

Here are the top 15 markets by change in move-ins:

Gloede, Katherine

Rank Market 2Q13 Move-Ins 2Q14 Move-Ins % Change
1 Reno 233 464 99.1%
2 Rio Grande Valley 336 466 38.7%
3 Central Florida 3,104 3,859 24.3%
4 Charlotte 1,643 2,027 23.4%
5 Atlanta 2,508 3,082 22.9%
6 Northern Virginia 865 1,037 19.9%
7 Jacksonville 1,119 1,303 16.4%
8 Sarasota/Bradenton 647 739 14.2%
9 St.George/Mesquite 296 336 13.5%
10 Austin 2,216 2,497 12.7%
11 Houston 6,072 6,797 11.9%
12 Nashville 1,101 1,217 10.5%
13 Dallas/Ft.Worth 4,775 5,249 9.9%
14 Central California 1,496 1,627 8.8%
15 South Florida 938 1,020 8.7%

 

Elaine                                                     
DRE #00598428
Senior Director, Coldwell Banker New Homes Division
With over 200 condominium, townhome and loft projects successfully marketed

“Fewer properties for sale with such remarkably low interest rates make it a great time to sell but a more difficult time to buy”

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