Home construction lags based on job growth, study finds

South Florida is falling short in building homes to keep pace with demand created from new jobs, according to a study from the National Association of Realtors.

The tricounty region needs 118,937 single-family building permits to get construction levels back to their historical average in relation to job growth, the trade group said.

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This story was originally published September 20, 2016 at 5:42 PM with the headline "Home construction lags based on job growth, study finds."