Who is building the most in North America?

[Crawford]

I don't love looking at snapshot Census housing data bc construction can be highly variable over the years. That said, Austin has absolutely insane housing construction right now, and all the major TX cities are building like crazy. Nashville and smaller Florida metros are also going crazy.

Chicago is a definite laggard, at least relative to size. And it's amazing how little is u/c in Silicon Valley, ensuring a continuation of extreme housing pricing. The Rust Belt metros tend to have the least construction, which isn't surprising.