Phoenix Set to Claim 2004 Home-Building Title
After logging one of the largest building booms in history, Phoenix is on the verge of claiming the 2004 title as the top new-home market in the nation. 52,580 houses were constructed across metropolitan Phoenix through November of last year. This figure puts Phoenix ahead of Atlanta's 51,860 new homes for the first 11 months of 2004. Atlanta has led the U.S. in this category for the past decade.
Home-building plays a major role in the Greater Phoenix area, where the housing industry accounts for one out of every three dollars generated.
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