Florida 4th-most Investing State in New Housing

Florida is investing the fourth-most in new housing among all U.S. states, according to a new report by Construction Coverage. The analysis found that 154,711 new homes were built in Florida in 2019. For every 10,000 residents, Florida built 72.6 new housing units in 2019, which is the fourth most among all U.S. states, the report shows. In addition, the Cape Coral-Fort Myers metro area came in at No. 5 for mid-size metros investing the most in new home construction, building 120.6 new housing units per 10,000 residents in 2019. For every 10,000 residents, the Naples-Marco Island built 99.3 new housing units in 2019, which is the 10th most among all midsize metropolitan areas in the U.S. Punta Gorda ranked No. 8 in small metros investing the most in new home construction, building 121.3 new housing units per 10,000 residents in 2019.
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Author: Dominick Tascher Group - Blog

Naples to Estero Real Estate Blog by Dominick Tascher Group at MVP Realty brings to the public the latest information about real estate news and trends, market reports, new communities and also topics related to living in the paradise of SW Florida; Naples, Bonita Springs, Estero and South Fort Myers.