News

The US housing shortage is ‘awful’ and will likely get worse with no apparent end in sight

October 28, 2022/

Missoula housing

How dire is the decades long housing shortage in the United States?

Awful according to recent data, experts say. And there’s apparently no improvement for the foreseeable future thanks to continued demand for homes despite rising mortgage interest rates and high home prices.

“There doesn’t appear to be any end in sight,” Nadia Evangelou, a senior economist and director of forecasting for the National Association of Realtors told USA TODAY.

 

Terry Collins


Click here to read the story.

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