Report: DFW Ranks as Most Active Real Estate Market in Last Decade
An analysis of U.S. Census and real estate data over the past 10 years declares Dallas-Fort Worth as the No. 1 most active real estate market in the nation.
To determine which areas of the country experienced the most growth, StorageCafe analyzed new construction in single family, multifamily, office, retail, self-storage and industrial sector in the 50 largest metropolitan areas.
In DFW, the StorageCafe report found building permits were issued for roughly 323,000 single-family homes and more than 233,000 multifamily units from January 2012-December 2021. The population of the Metroplex exploded with more than 1 million new residents in that same time period.
During the same period, office space swelled by 55 million square feet, industrial by almost 230 million square feet, while retail and self-storage added about 48 million and 23 million square feet of new space.
Moving to DFW
Today in 2022, DFW remains among the hottest real estate markets in the country thanks to a booming economy and business-friendly climate. Mass migration to the Metroplex has made house hunting a challenge, particularly for preowned home inventory.
More DFW homebuyers are seeking new home construction and new home communities in order to design their dream home and access desirable amenities.
Cambridge Crossing is a DFW master-planned community featuring new homes by award-winning home builders. Situated just off the Dallas North Tollway along Punk Carter Parkway in Celina, homeowners enjoy fabulous amenities including scenic trails, catch-and-release fishing ponds and a new 6,700-sq.-ft. Amenity Center featuring a fitness center pickle ball court, half-court basketball, a resort-style pool with cabanas, a lap pool, playground and much more.
Buyers can choose from homes on 50-foot and 60-foot lots, in addition to new 40-foot lots by Coventry Homes that will be released this summer and new 74-foot lots by Highland Homes also coming this year.