Housing Gap

February 16, 2023

The Housing Price Gap Is Converging for the First Time in a Decade

This is the first time the price spread converged since the housing crisis ended in July 2012.

March 31, 2022

Young Homebuyer Share Declines After Peaking in 2020

The slim supply of homes for sale is pushing up home prices, and there is a notable difference between young homebuyers, those aged 30 and below and older millennial homebuyers ages 31 and 40.

June 30, 2021

Ways to Solve the Supply Gap Crisis (Part 3)

New Episode: The U.S. Housing Supply Crisis and Economic Mobility Hi, I’m Pete Carroll, executive of public policy at CoreLogic. In Part 1, we talked about subsidies needed, and in Part 2, we unpacked new innovations in manufacturing. Today we’ll conclude with creating new efficiencies in traditi...

April 28, 2021

Who is Most Affected by the Housing Supply Gap?

When thinking about the housing supply gap, it’s important to understand the sheer scale of this crisis. This includes first understanding how far in the hole we are already—or how much housing we are presently lacking overall.

April 14, 2021

What Is the Affordable Housing Crisis?

New Video Series: The U.S. Housing Supply Crisis and Economic Mobility Hi, I’m Pete Carroll, executive of public policy at CoreLogic and I’m here to talk about a crisis facing our nation which doesn’t quite get the attention it deserves. That issue is the chronic and seemingly intractable afforda...

March 16, 2021

Increase in Single-Family Rents Spurred by Undersupply of Housing

U.S. Single-Family Rents Up 3.8% Year Over Year in January High-priced rentals posted the highest rent growth in over seven years. Rent growth of lower-priced rentals lags behind pre-pandemic rates. Overall Single-Family Rent Growth U.S. single-family rent growth remained strong in January 2021, ...

December 29, 2020

Affordability Challenges Ahead: Large Demographic Tailwind Has Arri...

While pandemic-induced housing demand has ensured 2020 home purchase activity has reached the highest level since 2006, demographic trends suggest strong home buying demand is likely to continue. Between 2018 and 2028, the number of households are forecasted to grow by as much as 12 million[1]&nb...

December 21, 2020

U.S. For-Sale Home Supply Tightened during Pandemic, Pushing Up Hom...

National Supply of Homes for Sale Fell to 2.2 Months in October 2020 After the pandemic took hold in the U.S. in early 2020, stay-at-home orders and uncertainty in the economy delayed listings from going live on the market. The typical spring home buying season was pushed into summer in 2020 and ...

October 12, 2020

Achieving Affordability: Comparing the Housing Market During the Bo...

A look to the past could likely give the industry an idea on how to achieve an affordable housing concept. Since the Great Recession of 2008*, the real estate market has rebounded nicely to say the least. In fact, as home prices continue to climb, it has become increasingly difficult for the aver...

May 20, 2019

Undersupply in Housing Inventory

The number of homes for sale Inventory has been at a historical low in the U.S.  In March 2019, there was 4.5 months’ supply of homes for sale[1]. While up from the prior March’s 3.5 months, the months of supply of homes for sale this March was less than half of what it was ten […]

November 8, 2018

The New Normal in Homes Sales is About a Million Fewer Sales Per Year

Since the housing recovery started taking hold in 2012, we’ve been searching for signs that the recovery is complete. While home prices and delinquencies have both returned to their pre-crisis levels, home sales show signs of lagging behind. Figure 1 shows the number of home sales (both resales a...