Map Highlights Cities Ready for New Home Growth

We’re seeing a notable slowdown in new home construction across the U.S.—permits are now 19.4% below where they were before the pandemic, and the decline has persisted for 44 months. Builders are facing real challenges: high costs, elevated mortgage rates, and affordability concerns, all while we still have a 4.7 million housing unit deficit nationwide. As someone committed to helping people use real estate as a path to financial security, I keep a close eye on these trends to guide smart investment decisions. Even in the face of these headwinds, understanding where and why construction is slowing can help us identify opportunities to invest wisely and plan for the long term.