June 2023

Analysis: U.S. Needs More than 4M Homes

Interesting that the ratio from home buyers to homes is 2:1. This means that demand for housing will continue to remain high in the near future. The above combined with high interest rates means that there are a lot of folks unable to afford a new home. Even when new construction surged 21.7% in May, my perception is that these new constructions are not for small affordable housing, but for homes with...

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