The American housing market is facing a persistent shortage with home prices reaching record highs as affordability has decreased, according to an analysis by the National Association of Home Builders’ (NAHB) Eye on Housing. New home construction has not kept …
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Housing Supply Gap Reaches 4 Million in 2024
The U.S. housing market is currently facing a home shortage despite notable progress in new home construction in 2024, according to a Realtor.com analysis. The report states 1.6 million expected Gen Z and millennial households did not form last year …
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