Austin homebuilders stay busy as construction starts surge in third quarter

Homebuilders started construction on 4,067 homes in the Austin area in the third quarter — nearing a high set in 2006 before the national recession.

That is up more than 11 percent from the same period a year ago, according to the Austin American-Statesman, which cited data from Metrostudy. The additional housing is much-needed. A lack of inventory has pushed prices higher than ever.

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