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It's more like 100k-200k homes completed per month: https://fred.stlouisfed.org/series/COMPUTNSA https://fred.stlouisfed.org/series/COMPUTNSA
by dpkirchner 3y ago
It's more like 100k-200k homes completed per month: https://fred.stlouisfed.org/series/COMPUTNSA https://fred.stlouisfed.org/series/COMPUTNSA
- toomuchtodo 3y agoAdditional citations: https://www.axios.com/2023/06/20/housing-shortage-prices-high https://www.axios.com/2023/06/20/housing-shortage-prices-hig... https://www.freddiemac.com/research/insight/20210507-housing-supply https://www.freddiemac.com/research/insight/20210507-housing... > As of the fourth quarter of 2020, the U.S. had a housing supply deficit of 3.8 million units. These 3.8 million units are needed to not only meet the demand from the growing number of households but also to maintain a target vacancy rate of 13%. Between 2018 and 2020, the housing stock deficit increased by approximately 52% (See Appendix 1 for detailed calculations of the Housing Supply Deficit).