National Association of Home Builders Economic Research Blog

Tag: housing shortfall

The Size of the Housing Shortage: 2024 Data

Persistently low homeowner and rental vacancy rates indicate that the U.S. housing market remains structurally undersupplied. Comparing 2024 abnormally low vacancy rates with long-run equilibrium levels across U.S. metropolitan markets,

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The Size of the Housing Shortage: 2021 Data

Reflecting the unprecedented housing shortages across the United States in the post-pandemic market, U.S. vacancy rates hit their lowest readings in decades in 2021. According to NAHB’s analysis of the

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