Sunday, December 8, 2013

DFW Gains 96,100 Jobs in 12 Months; Gains Over 125,000 Net New Residents

DFW Gains 96,100 Jobs in 12 Months; Gains Over 125,000 Net New Residents
Dallas-Fort Worth appears to be leading the nation’s job growth, according to data released Thursday by the U.S. Bureau of Labor Statistics.   For the year that ended Oct. 31, Dallas-Fort Worth recorded a job growth rate of 3.1 percent, tops among the 12 largest U.S. metropolitan areas. Houston was No. 2, with a rate was 2.9 percent.  Both D-FW and Houston beat the nation’s job growth of 1.7 percent.  “Dallas and Houston have ranked No. 1 and No. 2 for quite a while, and that’s partly due to the overall health of the state,” said Cheryl Abbot, a Dallas regional economist for the BLS.   Preliminarily, the Dallas-Ft Worth area is expected to once again have a net population growth of over 125,000 people.
-          Dallas Morning News, December 5, 2013

Nationally 6% Growth in Closings, RMDFW Sees 27% Growth
RE/MAX DFW Associates is expected to close approximately 4,700 units for 2013, up from 3,725 units in 2012.  This is over four times the national growth rate in closed sales.