The labor shortages in Dallas-Fort Worth’s construction industry has added at least $4,000 to the cost of buying a home at a time when builders say they can’t keep up with the region’s demand for housing.
The Dallas Builders Association, with the help of Meyers Research, recently conducted a builder’s sentiment survey to gauge the issues facing the industry. Builders say labor costs have more than doubled in the last 18 to 24 months and there’s fewer workers to go around.
Read more at Dallas Business Journal