Housing inventory is down everywhere except in pandemic hotspots. Here’s why.
Housing inventory shortages have stifled the market for years, but supply is rising in states that experienced inbound migration spikes during the pandemic.
New York
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NYC council approves sweeping plan that includes 82,000 homes
The “City of Yes” plans calls for the construction of 82,000 new homes over the next 15 years to address the Big Apple’s housing crisis.
CoreLogic: Single-family rent growth drops to four-year low
Single-family rent prices grew 2% during the year ending in September 2024, down from a year-over-year gain of 2.4% in August.