10 Metros With Largest Increases in Single-Family Homes

Some metros have been seeing a noticeable increase in their single-family inventories over the last seven years. In a new analysis by the National Association of Home Builders, researchers point to the following metros as having the largest percentage-point increase in single-family concentration from 2005 to 2012:

  1. Fairbanks, Alaska
  2. St. George, Utah
  3. Yuma, Ariz.
  4. Yakima, Wash.
  5. Auburn-Opelika, Ala.
  6. Athens-Clarke County, Ga.
  7. Jonesboro, Arkansas
  8. Las Cruces, N.M.
  9. Warner Robins, Ga.
  10. Laredo, Texas

From 2005 to 2012, all the metros in the top 10 except for Yakima, Wash., saw a double-digit population growth. For example, population growth in Auburn-Opelika, Ala., was more than 24 percent in that time period.

“Population growth alone cannot explain the large increases in single-family concentration,” says NAHB’s Eye on Housing blog. “Land-use regulation and availability also play a role. Higher concentrations are typical of locations with less-dense developments.”

Source: “Concentration of Single-Family Housing 2005 to 2012,” National Association of Home Builders’ Eye on Housing Blog (May 5, 2014)

Written by

Yaser Aldineh - Re/Max Victory

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