What factor is NOT commonly used to assess new supply in real estate?

The assessment of new supply in real estate typically involves various market indicators that offer insights into the availability and demand of properties. Among these factors, monitoring competitors in the market is crucial as it helps developers and investors understand the competitive landscape and gauge how many similar properties are being built or planned. This competitive analysis can reveal market saturation or opportunities for differentiation in product offerings.

Additionally, looking at the number of development permits issued by municipalities provides valuable data about potential new supply coming online. Permits signal that new projects are being approved and constructed, which directly affects future inventory levels. Research on ongoing construction projects is also an essential factor, as it reveals how much current building activity is occurring and what may soon be available on the market.

In contrast, while the number of new jobs created in the area can indicate economic growth and potential demand for housing, it is not a direct measure of new supply. Job creation affects demand more than it influences how much new real estate is being developed. Hence, among the listed factors, it stands out as the one that does not directly assess the introduction of new supply in the real estate market.