Housing Shortage Tracker (by Metropolitan Area)
Jake AndronicoPoster
#3 House Hacking Contributor
Agent
#3 House Hacking Contributor
- Realtor
- Reno, NV
I've been impressed with the free data provided by the NAR (National Association of Realtors)
This one stat in particular is super interesting, and measures how many new single-family permits are issued for every new job. (link above)
This is tracked for 174 major metro areas.
In our area (Reno, NV) there is 1 permit for every 5 new jobs on average.
Based on the historical average, there is typically 1 single-family permit issued for every 2 jobs.
Check it out if you're curious to see what your area looks like.
- Jake Andronico
- 415-233-1796