FLORIDA, CALIFORNIA ADD MOST HOUSING UNITS IN NATION

California and Arizona are among the five states that added the most housing units in the country between July 1, 2004, and July 1, 2005, according to a recent report from the U.S. Census Bureau.

Following Florida, which gained 247,000 homes during the one-year period, California added the second highest number of homes at 182,000. Arizona rounded out the top five with 87,000 units.

The U.S. added 1.8 million housing units during the 12 months between July 1, 2004, and July 1, 2005, and ended the period with approximately 124.5 million units.Four of the five states with the fastest housing growth rates also are located in the West, led by Nevada with a growth rate of 4.4 percent.

Other states outpacing the rest of the nation in the rate of housing growth include Arizona (3.5 percent), Florida (3.1 percent), Idaho (2.9 percent), and Utah (2.9 percent).

**Taken from the California Association of Realtors Bulletin, Dated August 23rd, 2006.