The US is short nearly 4 million homes
- The U.S. Is facing a shortage of nearly 4 million homes, according to an analysis from Realtor.com.
- Closing the housing gap nationwide would take an estimated 7.5 years, with significant delays in the Midwest.
- Many young adults are living with family or roommates, resulting in 1.63 million 'pent-up' households in 2024.
- Let America Build is advocating for solutions to make homeownership more attainable.
28 Articles
28 Articles
Number of those burdened by rental affordability hits record high — Harvard Gazette
Nation & World Number of those burdened by rental affordability hits record high Christina Pazzanese Harvard Staff Writer March 13, 2025 8 min read Public policy expert discusses possible ways to cut costs amid national housing crunch Amid a nationwide housing shortage, a new report shows the number of those burdened by rental affordability has hit a record high. As of 2023, 22.6 million renter hou…
Housing Supply Gap Reaches Nearly 4 Million in 2024: Report
The United States continues to face a significant shortage of homes for buyers, with the housing supply gap at almost four million units as of last year, according to a recent research report by the real estate listing website Realtor. “In 2024, new-home construction outpaced household formations for the first time since 2016. Despite this notable progress, the housing gap persists, totaling 3.8 million,” the company said in a March 10 report. T…
The US is short nearly 4 million homes
(NewsNation) — The housing supply gap continues to persist, with the nation short nearly 4 million homes. While new home construction picked up last year for the first time since 2016, the housing gap — the shortage of available and affordable housing — totaling 3.8 million remains, according to a new analysis from Realtor.com. The company measured the housing supply gap using data on new home construction, household formations and pent-up hous…
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