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Metro East REIA

America Has a Shortfall of 6.5 Million Single-Family Homes Thanks to Decade of Under-Building

A new report from Realtor.com says a decade of under-building in America has led to a shortfall of 6.5 million single-family homes in the U.S. To come up with their conclusions, Realtor.com looked at household formation, housing starts, and home sales. They found that given how many households were formed between 2012 and 2022 the U.S. is short of 6.5 million single-family homes. Continue reading HERE...

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