Tulsa home construction jumps 31.7 percent
BY ROBERT EVATT World Staff Writer
Friday, February 01, 2013
2/01/13 at 3:45 PM
Local home builders reversed their years-long slump in 2012, as the number of new homes erected shot up 31.7 percent.
Approximately 2,341 homes began construction in the last year, according to figures from New Orders Weekly.
Not only is that much better than the 1,777 that began construction in 2011, it’s the best year for home construction since 2009.
The year-end total was helped along by a strong December, which was the fifth-highest construction month in 2012 with 205 homes starting construction even though building traditionally slows in the winter.
Tulsa took the crown for new homes from traditional construction leader Broken Arrow, with 410 built in Tulsa compared to 403 in Broken Arrow.
Owasso, Bixby and Jenks rounded out the top five with 222, 221 and 209 starts respectively.
A partially built home awaits completion in Jenks on Friday. MATT BARNARD/Tulsa World