Housing Inventory

America’s housing shortage stems from more than overregulation, Fed report finds

America’s housing shortage stems from more than overregulation, Fed report finds

The U.S. housing market is chronically underbuilt, resulting in a decades-long shortage. Burdensome regulations take part of the blame, but they are not the only cause. A new report from the Federal Reserve Bank of St. Louis indicates that regulations are just one piece of the puzzle. Labor shortages, land constraints, and rising building, borrowing […]

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Lock-in effect drives home renovation boom, Redfin says

With mortgage rates still hovering above 6% and far greater than those seen during the pandemic, homeowners are choosing to renovate their homes rather than move. Processing Content About 43% of Americans upgraded their homes last year, and 33% plan to remodel in the next year, according to a recent survey from Redfin that was

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Kentucky housing reform bill collapses in final hours

Republican lawmakers in Kentucky sought to put the state on the housing reform map with sweeping legislation to boost construction and curb rising costs. But the package collapsed in the final hours of the state’s legislative session this week, and housing advocates warn the state’s housing shortage will deepen without swift action. Kentucky’s failure shows

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Homebuilder sentiment falls to seven-month low

US homebuilders’ confidence fell to a seven-month low in April as the Iran war pushed up mortgage rates and materials costs at the start of the spring selling season. Processing Content An index of market conditions from the National Association of Home Builders and Wells Fargo declined four points to 34, according to data out

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Housing shortage is at least 10 million homes, White House says

The US has a shortage of at least 10 million single-family homes, according to a new report from White House economists — a higher figure than some previous estimates from the government and the private sector.   Processing Content “If homebuilding and the growth of the single-family housing stock had continued at their historical pace instead of

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Is housing inventory about to turn negative year over year?

Is housing inventory about to go negative? Since mid-June 2025 I’ve been writing that housing market dynamics have shifted, which we could already see in our HousingWire data while it might take other sources six to nine months to show that. This shift should create some negative year-over-year inventory in 2026 and if the Iran

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Why the hiring rate matters more than unemployment for the housing market

After painful delays following last fall’s government shutdown, labor market data is finally back on a consistent pace. Last week we filled in hiring, quits and layoffs from the BLS JOLTS report for February, plus unemployment numbers for March and the latest initial claims for the first week of April. Taken together, they help illustrate

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Spring’s hot housing market just ran into a problem

Improved affordability and increased inventory helped the spring homebuying season get off to a strong start, but the recent rise in mortgage rates has pushed some buyers out of the market, according to ICE Mortgage Technology’s latest mortgage monitor report. Processing Content “Mortgage rates bottomed near 5.95% early this year, pushing affordability to its best

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How is the housing market weathering war-time economics?

War-time economics have, of course, sent gas prices skyrocketing, but have also pushed mortgage rates higher over the last five weeks, from a low of 5.99% to a high of 6.64%. Rates have fallen a bit recently, but higher rates have slowed some of the housing data down. In the past, mortgage rates above 7%

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How boomer housing dominance is forcing agents to retool

Baby boomers’ decades long control of U.S. housing wealth is not just locking out younger buyers, it’s forcing significant changes to a real estate agent’s job description. Top-producing agents told HousingWire the industry continues to pivot toward multi-generational advisory work. Academic research has confirmed why; agents who cannot navigate trusts, estate planning and family gifting

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