Building the economy one house at a time!

However, the NAHB, the Texas Association of Builders and the housing industry, in general, remain optimistic about the direct and positive impact on residential construction on the economy. Although Houston, America’s oil capital, saw a 49 percent drop in construction because of falling oil prices, the Dallas-Fort Worth-Arlington area witnessed a 19 percent growth in the value of new project starts for 2015. ‘ There are a number of positive indicators out there that make me believe … this will be a good year for the economy and for housing,” said David Crowe, chief economist at NAHB, said. “Not only is housing finally driving some of that, but housing is also finally moving at a much faster pace than the economy.’,