top of page

Not Enough New Construction?

Housing market falling short by nearly 4 million homes as demand grows

  • The 5.9 million single family homes built between 2012 and 2019 do not offset the 9.8 million new households formed during that time, according to an analysis by

  • Even with an above average pace of construction, it would take builders between four and five years to get back to a balanced market.

  • "Simply put, new home starts are not keeping pace with demand. Homebuilders have a mountain of opporotunity, but a big hill to climb," said Javier Vivas, director of economic research at

Recent News
Search By Tags
  • LinkedIn App Icon
bottom of page