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Austin housing boom has homebuilders struggling to keep pace, prices soaring


Austin housing boom has homebuilders struggling to keep pace, prices soaring
Home construction is booming at a rapid pace across the Austin region but it s still not fast enough to keep up with torrid demand, builders and local housing market experts say.
Builders started work on a record number of new homes in the Austin area in the first quarter, according to Zonda, a firm that tracks the housing market. But supply has still not caught up with demand, and that lag coupled with factors including higher costs for lumber and other home-construction materials and a surge of newcomers, many of them affluent continues to drive home prices up. ....

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Meritage Homes Corp (MTH) Q1 2021 Earnings Call Transcript


Meritage Homes Corp (MTH) Q1 2021 Earnings Call Transcript
Motley Fool Transcribers
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Meritage Homes Corp (NYSE: MTH)
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Operator
Hello, and welcome to the Meritage Homes First Quarter 2021 Analyst Call. [Operator Instructions] [Operator Instructions]
It s now my pleasure to turn the call over to Emily Tadano. Please go ahead.SPONSORED:
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