Real Estate News


Tag: Housing shortage

  • Housing Shortage Is Likely Coming, Report Says

    June 06, 2011

    Within the next decade, 16 million new housing units will be needed to meet population growth and shifting demands, according to Harvard University’s Joint Center for Housing Studies in its latest annual "State of the Nation's Housing" report. [Read more]

    Tags: Housing shortage,
  • Metrostudy: Housing shortage on the horizon?

    April 01, 2011

    WASHINGTON – Mike Castleman, founder and CEO of Metrostudy, which tracks real-time data of the country’s inventory of new homes, says a housing shortage is looming that will soon create a huge surge in demand for new homes. As such, now is the time to buy, he says. In the 41 cities Metrostudy covers, 78,000 houses are either vacant and for sale, or under construction – that is less than a quarter of the new homes that fell in that category during the housing boom in 2006 and way below the level of a decade ago. [Read more]

    Categories: Industry News 
    Tags: Housing shortage,