Reports & Publications

Guam: Preparing for a Dramatic Increase in Population

In 2004, the median price for a three bedroom two bath home was $109,000. Just four months ago the median price was $206,000. Over the next 10 years, Guam is anticipating a 25 percent increase in population as a result of troop deployments, who will be arriving with their families. As a NCA participant Guam recognizes the need for removing costly and time consuming regulations in order to meet the urgent need for more workforce housing. In anticipation of the multitude of housing market changes, Guam has requested its consultant to make a report on proposed changes to its regulatory environment. Once the report is produced, they can move forward with the necessary changes.

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