The U.S housing shortage reached 4.5 million homes in 2022, according to a new data analysis from Zillow (NASDAQ:Z, ZG), up from 4.3 million in 2021. Zillow determined there were roughly 8.09 million “missing households” – individuals or families living...
Canadian Prime Minister Justin Trudeau is advocating for modular and prefabricated homes as the solution to meet his country’s housing shortage. According to CTV News, Trudeau’s government is planning to allocate more than $600 million in the upcoming federal budget...
The past decade has seen increasingly tight housing markets due to strong demand and limited supply. Since the Great Recession, the U.S. has not built enough housing to keep pace with demand created by job and population growth, leading to historically low vacancy...