Market Reports from Metro Study
January 1, 2009 3:04 am
Population Growth & New Home Demand – 1980 to Current
- Since 1980, population in DFW has grown approximately 3,000,000 people or approximately 2.5% per year on average.
- Since 1980, three have been approximately 750,000 new home closings in DFW, indicating a ratio of 1 new home closing for every 4 people added.
- With a current population of just over 6,000,000 and a growth rate ranging from 2% to 2.5%, the indicated new home demand ranges from approximately 30,000 to 37,500 homes.
This post was written by Landon Homes