Industry News

Florida leads nation in housing growth

Census Bureau reports top U.S. counties for new construction

For the second year in a row, Flagler County, Fla., had the highest rate of growth in the number of housing units of any county in the nation, according to U.S. Census Bureau estimates released today. The estimates cover July 1, 2004, to July 1, 2005, and show that Flagler's housing stock increased by 14.8 percent, or more than 5,000 units. Flagler had added more than 4,000 housing units a year earlier. Three other Florida counties made the top 10 with the highest rate of growth in housing stock: Sumter (ranking second); Osceola (fourth); and St. Lucie (ninth). The remainder of the top 10 consisted of Pinal, Ariz. (third); Franklin, Wash. (fifth); Culpeper, Va. (sixth); Washington, Utah (seventh); Kendall, Ill. (eighth); and Rockwall, Texas (10th). The United States had an estimated 124.5 million housing units as of July 1, 2005, representing an increase of 1.8 million, or 1.5 percent, since July 1, 2004. Florida also topped the list of the states adding the highest number of housin...

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