It is no secret that the housing market is suffering from an ongoing inventory drought. Existing housing inventory fell by 11,021 homes week over week for the week ending March 6, according to data from Altos Research. While many are hoping new build inventory can at least slightly ameliorate this situation, an analysis from Realtor.com, published on Wednesday, says otherwise.

In 2022, 2.06 million households were formed, marking the highest level of yearly household formations in the past decade, and bringing the total number of household formations from 2012 details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com