The City of Tulsa has seen a record number of home starts in 2023, with 447 homes starting construction this year. This is a testament to Tulsa's continued growth and development and a positive economic sign.
New housing construction is a key economic indicator that spurs additional consumer spending on appliances and furniture, and the increase in housing starts reflects the strength of the housing market in the city.
"We are thrilled to see this record number of home starts in Tulsa," said Mayor G.T. Bynum. "We know Tulsa needs more housing, and our team at the City is focused on rolling out the red carpet for private sector partners who will help us meet our goals. This record number of home starts is a testament to the strong partnership between home builders and the City of Tulsa, and we are committed to keeping this positive momentum going."
Michael Skates, Director of Development Services for the City of Tulsa, echoed the Mayor's sentiments.
"This record number of home starts reflects the strong growth in our housing market and the hard work of our team to make Tulsa a great place to do business. We are excited to see this positive trend continue and look forward to working with investors and homebuilders to keep Tulsa growing and thriving."
The New Residential Construction report from the U.S. Census Bureau includes housing completion data and a count of building permits derived from a separate survey of building permit offices. In addition to Tulsa's strong showing, Broken Arrow, Wagoner County, and Bixby have seen significant growth in new residential construction in 2023.
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