✉news BusinessReal Estate first seen 3 h ago, last 1 h ago, peak #6
US Starter Home Market Down 300,000 Homes Since 2019
Original: The Starter Home Market Is Down 300,000 Homes From 2019
The supply of entry-level starter homes in the United States has fallen by roughly 300,000 units compared with 2019. Analysts point to rising construction costs, high mortgage rates and builders favouring larger, higher-margin properties. The shortage is making it harder for first-time buyers to enter the market, fueling debate about housing affordability.
Why now: Housing affordability is a major concern, and the shrinking starter home supply directly affects first-time buyers
United StatesUS housing market
Rank over time, top of the chart is #1. 2 snapshots from 3 h ago to 1 h ago.
Evidence
- The Starter Home Market Is Down 300,000 Homes From 2019 · Eastern Progress
API: https://socialmediatrends-api.osmike.com/v1/trends/113552