Housing starts won’t reach the historical average of 1 million new units per month until at least 2022 or later, with the most pessimistic estimates stretching to 2029.
Source: Inman News
Inventory crises could stretch into 2022 and beyond: Zillow
More from housing shortageMore posts in housing shortage »
- 48% of Americans blame investors for ‘unreasonable’ housing costs
- Fed signals it’s just getting started with 1/4 percentage point rate cut
- Rising wages and job growth pushed pending home sales up slightly in May
- Spanish court rules against Airbnb, orders shutdown of 66K listings
- Housing starts beat expectations in February but headwinds loom
More from housing startsMore posts in housing starts »
- The American homeownership dream is primed for a comeback
- Fannie Mae dials back sales expectations by 220K homes
- ‘Construction is in a funk’: Homebuilding improves, but inventory issues remain
- Single-family permits and starts reach 11-month low in June
- New residential sales drop nearly 14% in May, their sharpest in 3 years
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from New home constructionMore posts in New home construction »
More from new home salesMore posts in new home sales »
- More homes sold. Lower rates. Lower inflation. Where Fannie Mae expects the market to move
- New-home sales spiked in August to highest rate since 2022
- The American homeownership dream is primed for a comeback
- New-home sales declined in July but beat analyst expectations
- 1st-time buyers say ‘yes’ to older starter homes due to higher costs
More from PulsenomicsMore posts in Pulsenomics »
- Scarce inventory, falling rates could boost home prices
- Steady home-price growth to resume in 2024, experts predict
- Buyers’ market now expected by end of 2023, economists predict
- What are the odds of a housing bubble? 114 experts weigh in
- Struggling homeowners may evade foreclosure thanks to surging prices
More from RegulationsMore posts in Regulations »
- Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
- Letitia James mortgage fraud case thrown out, but can be refiled
- Pulte’s role in mortgage fraud indictment under scrutiny
- Don’t merge Fannie and Freddie, says their biggest investor
- Fallout over Fed policymakers’ investments reshaping the board
More from skylar olsenMore posts in skylar olsen »
- Homebuyers gain leverage as sellers cut prices: Zillow
- Zillow economist identifies 11 cities primed for real estate investors
- Zillow predicts a ‘breather year’ for homebuyers in 2024
- ‘2021 all over again’: Agents get to work as spring homebuying arrives
- ‘Bet on the Midwest’: Zillow’s 2023 housing market predictions
More from The Great RecessionMore posts in The Great Recession »
More from ZillowMore posts in Zillow »
- Real CEO talks growth in hard times — and how everyone loses in real estate ‘wars’
- Zillow reverses course and removes climate data from listings
- After failed NAR vote, brokerages beef up referral disclosures
- Zillow’s SkyTour uses complex 3D tech to simplify home search
- Delistings and discounts jump as holiday season approaches
More from Zillow home price expectations surveyMore posts in Zillow home price expectations survey »
Be First to Comment