Bonita Springs News

ARTICLE

Date ArticleType
5/3/2016 General

Study Shows Strong Housing Market

STUDY SHOWS STRONG HOUSING MARKET

Metrostudy’s 1Q16 survey of the new housing market in Naples/FortMyers shows continued strength as the region has now entered its 19th straight quarter of growth.  Regional Director David Cobb's findings include: Annual New Home Starts up 1.7 percent quarter over quarter, marking 19 consecutive quarters of growth. Ave Maria in Collier County remains the top single-family community by annual starts; Marbella Isles in Collier is a close second and Toll Brothers’ Bonita Lakes in Lee County stands at third. Collier County’s start rate has risen for 28 consecutive quarters, and in Q116 annual has now exceeded Lee’s for the first time since Q402.