Planetizen, May 20, 2024, Biggest US Housing Gains In Southern And Western States
“The United States has added almost 5 million housing units since 2020, most heavily in the South and most of them single-family homes, making a housing shortage look conquerable in much of the nation,” reports Tim Henderson for Stateline. According to Stateline analysis of Census Bureau data, six states account for 50 percent of the increase: Texas, Florida, California, North Carolina, Georgia, and Tennessee. Last year alone produced the most housing units since 2007.
Henderson notes that the pattern mirrors post-pandemic moving patterns but points out that experts say another 2 to 2.5 million units, mostly single-family homes, are needed. The US has added 1.6 million new units annually for the past two years, according to the Census Bureau data, and that pace is expected to continue.
