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Real estate prices and rents have increased in recent years, as the supply of housing has dropped. Some cities are investing in building new homes, while others are not.
The Austin-Round Rock-San Marcos, Texas, area added 37 new housing units authorized per 1,000 existing homes in 2023. The Buffalo-Cheektowaga, New York, area only added 2.3 new housing units authorized per 1,000 existing homes in 2023.
Read more about the large cities building the most and the fewest new homes.
Source: Construction Coverage
Metro areas that built the most new homes in 2023
| Rank | Metro | New housing units authorized per 1,000 existing homes in 2023 |
| 10 | Salt Lake City-Murray, UT | 19.4 |
| 9 | Dallas-Fort Worth-Arlington, TX | 22.0 |
| 8 | Phoenix-Mesa-Chandler, AZ | 22.1 |
| 7 | Orlando-Kissimmee-Sanford, FL | 22.2 |
| 6 | Houston-Pasadena-The Woodlands, TX | 23.9 |
| 5 | Charlotte-Concord-Gastonia, NC-SC | 25.3 |
| 4 | Nashville-Davidson-Murfreesboro-Franklin, TN | 26.3 |
| 3 | Jacksonville, FL | 27.8 |
| 2 | Raleigh-Cary, NC | 33.4 |
| 1 | Austin-Round Rock-San Marcos, TX | 37.0 |
Metro areas that built the least new homes in 2023
Rank
| Metro
| New housing units authorized per 1,000 existing homes (2023)
|
10
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
| 4.6
|
9
| Milwaukee-Waukesha, WI
| 4.1
|
8
| Hartford-West Hartford-East Hartford, CT
| 4.1
|
7
| San Francisco-Oakland-Fremont, CA
| 4.0
|
6
| Chicago-Naperville-Elgin, IL-IN
| 3.8
|
5
| Cleveland, OH
| 3.6
|
4
| Detroit-Warren-Dearborn, MI
| 3.5
|
3
| Rochester, NY
| 3.4
|
2
| Providence-Warwick, RI-MA
| 2.6
|
1
| Buffalo-Cheektowaga, NY
| 2.3
|
