The Real Deal Miami

Palm Beach home starts on the rise

Activity up 27 percent in second quarter
August 12, 2014 04:30PM



Home construction is up 9 percent in Palm Beach County from a year ago, according to the Metrostudy research firm.

Over the past four quarters, builders have started 2,224 homes, townhomes and villas, compared with 2,034 over the same period the year before, according to the Sun-Sentinel.

In the second quarter alone, there were 639 starts countywide, up 27 percent from the second quarter of 2013.

“The market wants to live in Boynton, Delray and Boca and Palm Beach Gardens and Jupiter,” said David Cobb, regional director for Metrostudy in South Florida. “In the next few years, those are the submarkets that will be built out.” [Sun-Sentinel]Christopher Cameron