A blog found by TMGTortoise - Jim - on the Meritage board.
…New construction remains 5-15% of sales at the state level, with resales of existing homes the largest category. New construction as percentage of total sales has been as high as 35-40% in Nevada and 30-35% in Florida in the past, but today it is highest in Texas (at 15% of all sales) and below 5% in many Northeastern states…
http://www.advisorperspectives.com/commentaries/2016/09/07/u…
JT