"President Donald Trump recently put pressure on homebuilders to increase construction nationwide, given the issues with construction in the country. In a post on his Truth Social platform in early October, he accused major builders of hoarding lots to prop up prices-likening them to OPEC, which restricts oil output to maintain high prices. "They're my friends ... but now, they, can get Financing, and they have to start building Homes. They're sitting on 2 Million empty lots, A RECORD," Trump wrote."
"The state's median listing price reached $370,663 in 2024, paired with a median household income of $73,203. The Realtors Affordability Score came in at 0.61-better than most coastal states and showing that a wide range of listings remain attainable for middle-income households. Texas dominates national homebuilding. It accounted for 15.3% of all U.S. housing permits in 2024, despite representing about 9.2% of the country's population-a permit-to-population ratio of 1.9, nearly double the national average."
Texas leads national housing growth through unmatched new construction and relatively healthy affordability. Realtor.com gave Texas an A- and a score of 71.5. The state's median listing price was $370,663 in 2024 alongside a median household income of $73,203. The Realtors Affordability Score of 0.61 indicates many listings remain attainable for middle-income households. Texas accounted for 15.3% of U.S. housing permits in 2024, yielding a permit-to-population ratio of 1.9, nearly double the national average. New construction premium was just 7.5%, and rapid expansion creates infrastructure and long-term affordability challenges. Former President Trump accused major builders of hoarding lots and urged intervention to increase building.
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