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St Louis Real Estate Search

St Louis New Home Construction Increases 25 Percent in 2013

St Louis area new home construction in 2013 was still very low compared with the normal rate of home construction, however increased 25% from the year before and saw the highest level of sustained activity in years.   The decreased levels of new home construction over the past 6 years is leading to a shortage of homes in some areas throughout the country and setting the stage for a somewhat robust recovery of the new home market.  Here in St Louis new home recovery will come at a slower pace due to our low levels of population growth here however at least the market is headed the right direction.

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St Louis New Home Construction 2013

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