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Housing Shortage Myth Debunked | Real Estate News
New data from Zelman and Associates is rewriting the housing shortage narrative—America’s market may be more balanced than we think, with a slight single-family home shortage but an oversupply of apartments and condos. Driven by declining birth rates, an aging population, and slower household formation, the housing landscape is shifting—and life events like deaths are reshaping the resale market. While overall supply meets demand, affordability remains a major barrier due to high mortgage rates, rising prices, and stagnant wages, locking people out of the market. For real estate pros, the…
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