Housing shortages have eased in most states since 2020, as new construction has made apartments and houses more affordable.
Connecticut, New Jersey and Rhode Island are the only states that have lost housing units per capita since 2020, according to a Stateline analysis of housing data released today by the U.S. Census Bureau. Most other states have built more than enough housing to account for population growth.
The increase in the supply of apartments helped drive down the nation’s median rent in April by 1.7% compared with the same month last year, according to a May report from Apartment List, a company that posts rental listings online…