Dallas ranked hottest housing market behind Houston in national survey

Posted by Emily Ray-Porter Group on Friday, August 26th, 2011 at 12:54pm.

Dallas Business Journal - by Candace Carlisle

Dallas is ranked second in the nation for residential construction activity behind Houston in the value of privately owned housing constructed last year.

For those projects, Houston posted a collective value of $4.17 billion in 2010, according to data compiled by On Numbers, a feature of American City Business Journals, which is the parent company of the Dallas Business Journal.

Dallas put up $3.87 billion worth of new privately owned housing in 2010, according to the data.

Houston and Dallas beat out New York City, the nation's largest metropolitan area in terms of population, by constructing $3.05 billion of projects in 2010. The figures comprise central cities and their suburbs.

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