The real estate market is an ever changing landscape. But between the highs and lows, a new analysis revealed how it’s actually been growing over the past 30 years. The team at DeedClaim looked at each state’s individual growth as well as the overall nation’s growth between 1990-2019. They were even able to find the current state of available housing per capita in the U.S.
When it comes to the current state of available housing, there’s a national average of 2.35 units per capita. States seeing some of the highest available housing include Utah (2.83), California (2.75), and Texas and Hawaii, both at 2.57. Now states that have some of the lowest availability include Maine (1.79), Vermont (1.84), and West Virginia (2).
In the past 3 decades, there’s been a 36.59% increase in housing availability across the country. The top 5 states that saw the most growth between this time frame include:
- Nevada (147.79%)
- Utah (89.43%)
- Arizona (85.37%)
- Idaho (81.72%)
- North Carolina (68.48%)
The team even looked at housing trends through the decades. Here’s what they found:
You can find more on this analysis here.
