Housing Shortage Tracker (by Metropolitan Area)

[Jake Andronico]

Housing Shortage Tracker

I've been impressed with the free data provided by the NAR (National Association of Realtors) 

This one stat in particular is super interesting, and measures how many new single-family permits are issued for every new job. (link above)

This is tracked for 174 major metro areas. 

In our area (Reno, NV) there is 1 permit for every 5 new jobs on average. 

Based on the historical average, there is typically 1 single-family permit issued for every 2 jobs. 

Check it out if you're curious to see what your area looks like.