First-quarter housing construction starts rose in Broward County but fell in Miami-Dade County and Palm Beach County. (Credit: CNBC)
Builders started construction of fewer houses in Miami-Dade County and Palm Beach County in the first quarter, compared with the same period last year, but started more in Broward County.
Research firm Metrostudy also reported that house-construction starts in Broward increased to 441 in the January-March period, up 52 percent from the same period last year.
House-construction starts in Miami-Dade during the first quarter dropped to 705, down 8 percent fro the same period last year.
First-quarter starts in Palm Beach County fell to 446, down 21 percent from last year.
The tri-county total of 1,526 house-construction starts in the first quarter was well below the pace of 2007, when South Florida builders were starting construction of about 2,000 houses per quarter. [Sun-Sentinel] – Mike Seemuth