Big Island housing needs to grow fastest in state - Hawaii News Now - KGMB and KHNL

Big Island housing needs to grow fastest in state

Big Island-Map-New-App Big Island-Map-New-App

KAILUA-KONA, Hawaii (AP) - A new study predicts Hawaii's Big Island will need 19,610 new housing units over the next decade.

West Hawaii Today, a Kailua-Kona newspaper, ( reports the study released Thursday by the state Department of Business, Economic Development and Tourism predicts Hawaii County will lead the state in the rate of household growth during that period.

The housing demand on Oahu is forecast to equal 25,847 units between the present and 2025. Maui is expected to need 13,949 housing units and Kauai is expected to need 5,287 units.

West Hawaii realtor Gretchen Lambeth was not surprised by the findings.

Lambeth, who compiles and distributes monthly sales statistics, says the housing market is "super tight" right now.

Builder Dion Kawakami says home construction started picking up in East Hawaii last year.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by Frankly