While Dallas is literally hot right now, and has been all summer, it’s refreshing to know that our fair city has been named hottest in another category – the second hottest housing market in a national survey!
According to The Dallas Business Journal, The Big D was ranked second in the nation for residential construction activity, right behind Houston. According to data from DBJ’s parent company, On Numbers, Dallas posted $3.87 billion worth of privately owned housing in 2010. Houston came in at $4.17 billion.
Both Lone Star State cities beat out New York City, the nation’s largest metropolitan area in terms of population, which had $3.05 billion worth of residential construction.
To learn more, visit bizjournals.com.