DALLAS (WBAP 24/7 News) - North Texas homebuilders ended 2012 with a bang.
According to Residential Strategies, home starts in the Dallas-Fort Worth area were almost 50 percent higher in the fourth quarter of 2012 than they were a year earlier.
Builders started 4,549 homes in the area - the largest fourth quarter start total in the D-FW area in five years.
Builders had a hard time keeping up with new home demand last year as the D-FW economy has recovered.
Several years of meager home construction have left the area with a shortage of new houses on the market as the number of purchases has steadily risen.
Builders sold 16,416 new homes in 2012, the largest number since 2009.
(Copyright 2013 WBAP 24/7 News. All Rights Reserved.)