Rising inflation, including the higher-than-expected report this week, has again cast an eye on housing prices. The country's housing supply continues to be below what is ideal, according to Caitlin Sugrue Walter of National Multifamily Housing Council (NMHC).
She spoke Oct. 13 at the National Association of Real Estate Editors national conference in Atlanta, discussing the housing supply situation today and what factors will play in meeting its demand, extending to 2035.
Sugrue Walter said amidst demographic shifts and lingering pandemic-impacts on the population and broader economy, 4.3 million homes are needed by then, according to a new study commissioned by the NMHC and the National Apartment Association.
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