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Zillow: US Needs 4.5 Million Homes to Cover the Housing Shortage

Zillow: US Needs 4.5 Million Homes to Cover the Housing Shortage

by Phil Hall | Jun 18, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Trudeau Pushes for Prefabricated and Modular Homes to Address Canada’s Housing Shortage

Trudeau Pushes for Prefabricated and Modular Homes to Address Canada’s Housing Shortage

by Phil Hall | Apr 8, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

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...
Guest Opinion: Putting a New Effort into Expanding the Housing Supply

Guest Opinion: Putting a New Effort into Expanding the Housing Supply

by Jenny Schuetz | Sep 27, 2023 | Current News & Events, Guest Opinion, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
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