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Housing Supply Isn't Tight But Affordability Is | Real Estate News
New data from Zelman and Associates challenges the hype around U.S. housing shortages, revealing a surprisingly balanced market with even slight oversupply in apartments and modest gaps in single-family homes. While household growth slowed post-pandemic—driven by falling immigration and rising costs—the real crisis remains affordability, especially in high-cost areas where building new units is nearly impossible. Despite conflicting estimates ranging from 1.2 million to 10 million missing homes, Zelman’s analysis shows more inventory than commonly believed, including vacant rentals. The…
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