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Dive Brief:
- Housing units in U.S. metropolitan areas increased by 6.6% between 2020 and 2025, an increase of almost 9 million units, a recent Urban Institute analysis found.
- The majority of the nation’s housing growth in metro areas since 2020 was concentrated in Texas, where the state’s four largest metros accounted for a combined 13.3% of new housing supply.
- The nation’s three largest metropolitan areas, New York, Los Angeles and Chicago, all added housing but at a “much slower pace,” according to the analysis, with supply growth rates under 4%.
Dive Insight:
U.S. cities are playing catch-up after a historic housing construction slump throughout the 2010s that helped spur a national affordable housing shortage.
Housing development has increased in the 2020s, but it has been largely disproportionate, expanding mostly in Texas and often concentrated far from existing neighborhoods due to the limited availability of low-cost land, according to the UI analysis. Large metros like New York, Chicago and Los Angeles, however, have added more housing units where people currently live, the report says.
Among the nation’s 20 largest metros, the following 10 added the most housing units between 2020 and 2025.
