Decades of Limited Building Has Created Housing Shortage
A decade of under-building has led to a shortfall of 6.5 million single-family homes in the U.S., according to a new report released Wednesday. Realtor.com looked at household formation, housing starts, and home sales, and found that given how many households were formed between 2012 and 2022, the U.S. is short of 6.5 million single-family … Continued