Development volume in Florida's housing market has increased significantly since the Great Recession but remains below early 2000s levels due to more cautious risk-taking by developers. Housing demand is driven by Florida's status as the 5th fastest growing state, with 63% of the population concentrated in 4 major metro areas - Tampa, Jacksonville, South Florida, and Orlando - that have experienced 15% population growth since 2009. The report analyzes current housing starts and population trends in Florida.