And proposed solutions could help the housing shortage.
Sources:
[1] HousingWire and Altos Research, “The Texas-sized problem with housing inventory figures,” May 1, 2024.
[2] U.S. Census Bureau, Building Permits Survey.
[3] Redfin, “Home Prices Stagnate in Florida and Texas as Supply Soars,” April 25, 2024.
[4] National Association of Realtors® (NAR), “Pending Home Sales Ascended 3.4% in March,” April 25, 2024.
[5] National Association of Home Builders, “NAHB Announces a 10-Point Plan to Tame Shelter Inflation, Ease the Housing Affordability Crisis,” May 1, 2024.
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