Yes, a ton.
https://www.drhorton.com/texas/austin
> That could explain high profit while dissuading new construction in Austin.
Given they're still building a ton in Austin, there doesn't seem to be a dissuasion for building there. I do not have any idea about their average margin in the Austin market versus other markets though, but if that was a major decider on whether to build or not the answer is they're still choosing to build.
Looking at this data:
https://constructioncoverage.com/research/cities-investing-m...
If housing starts in Austin drop 15% for 2026, as some places are estimating, that puts Austin from 32,294 to 27,453 new homes added. It changes its national rank in this dataset from #6 to...#6.
US homebuilder gross margins have been declining since 2023.
