U.S. Housing Market Needs 3.8 Million More Homes

According to a new analysis of the housing market, Freddie Mac reports a 3.8 million home shortfall to the supply of U.S. homes. The main driver of the housing shortfall has been the long-term decline in the construction of new single-family homes.

Freddie Mac will continue to closely monitor and report on impacts of this housing supply shortage while exploring possible solutions to help address this significant obstacle to homeownership.

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Written by HousingMarket

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