20 Housing Markets Seeing the Most Residential Growth
With a more than 106% change in the value of new housing, Las Vegas is among the metros seeing the fastest growth in home construction
Aug. 29, 2024
Image: Paul / stock.adobe.com
Las Vegas is seeing the most residential growth.
A lack of available housing has made prices rise across the U.S., but some markets could see better prices soon as inventory improves. According to National Mortgage News, some markets are seeing high levels of residential growth compared with the rest of the U.S. Las Vegas is seeing the most growth, followed by San Diego, and then Indianapolis.
High mortgage rates in recent years have created affordability problems for both home buyers and home builders, but with rates largely trending down in recent weeks, some believe market conditions will start improving both for those looking for properties and those looking to build homes for a lower price point.
