The State of Housing Supply: ‘Not Enough Homes to Go Around’
Economic uncertainty, inflation and rising mortgage rates are clouding the picture for the U.S. housing market, which is also facing a structural deficit of both for-sale and rental homes. Research suggests 600,000 units are currently needed at a variety of price points to deal with supply shortages and an additional 3.7 million units will be needed by 2035.
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