Texas ranks No.1 state with the highest new home construction rate in 2023 according to study done by RubyHome Luxury Real Estate

HOUSTON, Texas — Housing markets might be stabilizing in most areas of Texas, but there’s one sector that’s still booming. A new housing report by RubyHome Luxury Real Estate has revealed Texas leads the nation with the highest new home construction rate.

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The study examined property data from U.S. Census Bureau’s 2022 American Community Survey, including the number of occupied properties and the number of homes built between 2010 and 2022.

Nearly a quarter (22.5 %) of all occupied housing units in the Lone Star State have been built since 2010, the report found. That adds up to nearly 2.5 million homes out of a total 11 million-plus in the state.

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