1. Boston, MA
2. New York, NY
3. San Jose, CA
4. Houston, TX
5. Oklahoma City, OK
6. Orange County, CA
7. Austin, TX
8. Dallas, TX
9. San Francisco, CA
10. Los Angeles, CA

“Construction activity is highest relative to the local norm in Boston, New York, San Jose, and Houston, which are on track to build at least 50% more new homes in 2014 than their local historical average. In contrast, building activity is running at three-quarters below normal levels in Fort Lauderdale and Detroit, and below half of normal in Las Vegas, Sacramento, and several Midwest markets. In Chicago and Atlanta, too, construction is more than 40% below normal despite sharply rising prices.”
– Source: Trulia Hottest Homebuilding Markets of 2014