Sun Belt metros lead nation in homebuilding

Sun Belt metros are leading the way when it comes to building new homes — and they need them, with scores of buyers moving in from other parts of the country, causing inventory to dwindle and prices to surge, according to a new report from Redfin.

Austin had 31.1 single-family building permits per 10,000 people in the first quarter, the most per capita of any major U.S. metro. It’s followed by Raleigh, N.C., (30.7), Jack