Homebuilders Are 4 Million Homes Behind
Homebuilders Are 4 Million Homes Behind Dear To say there’s a housing shortage is an understatement… There are more buyers in the market than there are homes by a wide margin. And last month, we saw another sign of that imbalance. Mortgage finance company Freddie Mac recently came out with a shocking number. Homebuilders need to build 3.8 million single-family homes to meet current buyer demand in the U.S… marking a 52% increase in the housing shortage since 2018. That’s a huge jump in just a few short years. And it highlights how extreme the imbalance is in the housing market today.
Source: wallstreetdaily.com