OFM April 1, 2017 Population Report
The OFM just released
their April 1, 2017 population and housing stock estimate. They do this
once a year. Given the apparent shortage of housing in Clark County, I
was particularly interested in the ratios between the population and numbers of
different types of houses in Vancouver and Clark County.
As most people in the
industry would have guessed, there are far fewer homes-per-person in Clark
County and Vancouver than there have been in many years. Once again, the
builders did not build enough homes of any kind to keep up with the demand
driven by population growth.
Below is a summary of
some of the information I pulled from the report:
Clark County:
Population Up 2.17%
·
Population in
2017: 471,000
·
Increase of 9,990 people
Housing Units Up 2.13%
·
Housing Units in 2017:
181,287
·
Increase of 3,792
housing units (most since 2006)
Clark County Housing
Shortage
·
Fewest housing units per
person since at least 1990
·
Fewest single-family
units per person since 2000
·
Multi-family units per
person up from 2016 – No apparent shortage of multi-family homes
Vancouver
Population up 1.8%
·
Vancouver Population in
2016: 173,500
·
Increase of 3,100 people
Housing Units Up 0.9%
·
Housing Units in 2016:
74,368
·
Increase of 1282 housing
units
Vancouver Housing
Shortage
·
Housing Units per person
up from 2016
·
Second fewest housing
units per person since at least 2001
·
Fewest single-family
units per person since 1996 annexation
·
Most multi-family units
per person since the 1996 annexation
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