Five Must Reads for the CRE Industry Today (Apr. 16, 2021) The U.S. housing market is 3.8 million homes short of meeting demand, reports the Wall Street Journal. CoStar is buying listing platform Homes.com, according to The Real Deal. These are among today’s must reads from around the commercial real estate industry.
U.S. Housing Market is Nearly 4 Million Homes Short of Buyer Demand“The U.S. housing market is 3.8 million single-family homes short of what is needed to meet the country’s demand, according to a new analysis by mortgage-finance company Freddie Mac. The estimate represents a 52% rise in the nation’s home shortage compared with 2018, the first time Freddie Mac quantified the shortfall. The figures underscore the severity of the housing deficit, which is a major factor fueling the current red-hot housing market.” (