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4 METROPOLITAN AREAS LEAD IN HOUSING CONSTRUCTION

SHARE 4 METROPOLITAN AREAS LEAD IN HOUSING CONSTRUCTION

Nearly one out of every 10 single-family American homes was built in four metropolitan areas since the start of the decade, according to an analysis of housing permits.

The four areas are Atlanta, Washington, Chicago and Phoenix, says David Savageau, co-author of "Places Rated Almanac," which analyzed the number of housing permits issued in 325 metro areas in the period from Jan. 1, 1990, to Jan. 1, 1994."New housing construction is no longer a Sun Belt exclusive," Savageau noted. "New housing starts picked up in the Midwest and in some Mid-Atlantic areas."

San Francisco topped the list as the most expensive place to buy a home, he added, while the least expensive was the McAllen-Edinburg-Mission area in Texas.