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household formation

Housing Market

U.S. Housing Gap Hits 7.2 Million After More than a Decade of Underbuilding

A new Realtor.com report shows a 7.2 million unit gap between housing formation and housing supply, due to more than a decade of underbuilding.

February 29, 2024

Hand holding a magnifying glass over a densely packed suburban neighborhood

Housing Market

Construction Crisis: U.S. Needs 4.3 Million More Homes

A new Zillow report breaks down the affordability crisis in the U.S. showing the gap between household formation and available housing, which currently sits at 4.3 million missing homes.

June 26, 2023

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household formation

U.S. Housing Gap Hits 7.2 Million After More than a Decade of Underbuilding

Construction Crisis: U.S. Needs 4.3 Million More Homes

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