News Corporation's recent analysis, published by Realtor.com®, highlights the top U.S. metropolitan areas leading in new home construction. Amid a national housing shortage of nearly 4 million homes, these metros are excelling in availability, affordability, and climate-smart construction. The report identifies key factors such as the share of new-home listings, price premiums over existing homes, and climate risk differences. Cities like Fayetteville, Ark., and Raleigh, N.C., showcase a significant portion of new construction in their for-sale listings, often priced competitively with older homes. The study emphasizes the importance of policy changes to mitigate regulatory barriers and bolster construction of affordable housing. It also demonstrates how strong local job markets and builder investments in these metros create opportunities, contributing to affordability and livability. This trend, while prominent in the South, spans across the nation, including places like Madison, Wisc., and Portland, Maine, drawing new residents and industries.