How Many Homes Does the U.S. Need to Catch Up? Almost 4M

Housing Inventory is drastically low nationwide. The amount of housing we need to play catch up is significant and it may be a while before we see the market "level out."


Why is the inventory of for-sale homes so tight? A new analysis by Freddie Mac found that supply will meet demand only if the U.S. adds 3.8M new homes. The housing need now is 52% greater than it was in 2018, just three years earlier – and it’s even worse for entry-level homes.

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source https://www.floridarealtors.org/news-media/news-articles/2021/04/how-many-homes-does-us-need-catch-almost-4m