Central Texas homebuilders started construction on 1,430 homes in the first quarter of this year, a 37 percent jump over the last quarter of 2010 but down almost 10 percent from the first three months of 2010, new figures show.

"Home start activity was artificially inflated a year ago due to the housing tax credit," said Ted Wilson , principal with Residential Strategies Inc. "Today's housing demand stems from the recovering Austin economy and job growth."

Read the full article in the Statesman at: http://www.statesman.com/business/new-home-starts-slow-from-year-ago-first-1375491.html