Real Estate

Why the U.S. is facing a housing shortage


Share

The U.S. has a housing shortage. With city dwellers moving to the suburbs and potential sellers unwilling to show their homes during the Covid pandemic, in April there were only 1.16 million U.S. homes for sale, down 20.5% from a year earlier. That lack of inventory has helped push prices higher. Home prices surged in March, up 13.2% from the previous year, according to the S&P CoreLogic Case-Shiller National Home Price Index. Watch the video to find out why is the housing supply so meager.

11:41

Tue, May 25 202112:32 PM EDT



READ SOURCE

Read More   Evergrande tightens belt after decade of audacity

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.