Home Construction Hits Fastest Pace Since 2008

New Home Starts boom, including Flagstaff

Housing starts in November, as tracked by the U.S. Commerce Department leapt beyond experts expectations. Single family home starts as well as apartment dwellings contributed to this surge.

If you were to drive around Flagstaff, you’d see that home builders in Flagstaff are contributing. New homes are going up in Flagstaff’s Presidio neighborhood where construction was stopped years ago. Construction continues on the few remaining lots in Ponderosa Trails. Development is in full swing in Anasazi Ridge.

To learn about new home developments in Flagstaff, contact the Elite Team at RE/MAX Peak Properties.

Full National Story: Home construction hits fastest pace since 2008 – Economic Report – MarketWatch.

Related Story: 4,500 homes in pipeline for Flagstaff

Chart of Housing Starts over time

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