After five years of drifting through economic doldrums, Charlotte's homebuilders are finally kicking into high gear again.
Across Mecklenburg County the Charlotte' Homebuilders Association said its new home construction is up 40 percent this year.
That means about 400 homes are currently being built.
"This is sustainable momentum at this point. We will be able to keep this growing from this point forward," said Alan Banks with the Homebuilders Association.
It's a huge turnaround from the depths of the recession when new home construction ground to a halt. Now some homebuilders are having trouble keeping up.
"It's a problem we're not accustomed to dealing with. Homes are selling faster than we can get them completed," Banks said.
The Homebuilder's Parade of Homes Tour, which starts this weekend, offers a good example.
Bill Saint with Classica Homes planned to include eight homes in the parade tour, but he's now down to five.
"We had three more that are actually on the website put in the parade and in the last two weeks they've sold so they won't be available," Saint said.
For the economy, the renaissance of homebuilding couldn't come at a better time. It's creating not only construction jobs but demand for other goods that economist John Connaughton said drive additional job growth.
"Dishwashers, et cetera, those kinds of things, also furniture, those things pick up when people move," Connaughton said.
The increase in new home construction comes as sales of existing homes jumped 25 percent in Mecklenburg County last month– another sign that the long awaiting housing rebound may finally be getting some traction.