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Ft Lauderdale Real Estate News 02/17/14


home starts increase 10% in Broward County


Home starts increased in Palm Beach and Broward counties last year as residential construction continues to grow at a steady pace following the six-year downturn, a new report shows.

Builders started 2,053 homes in Palm Beach County during 2013, a 13 percent uptick from 1,818 a year ago, according to the Metrostudy research firm.

Over the same period, Broward starts jumped 10 percent, to 1,141 from 1,036, Metrostudy said.

The figures include single-family homes and townhomes but not condominiums.

I think 2012 was the first full year of recovery for the housing market in our area, and 2013 built on that, said David Cobb, regional director for Metrostudy.

Cobb said he expects home construction to remain on the upswing in 2014 despite a shortage of land and skilled labor.

2014 Sun-Sentinel



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Jim Esposito

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