U.S. Census Bureau

Zillow: US housing shortage hit 4.7 million in 2023

The U.S. faced a shortfall of 4.7 million homes in 2023 — the largest housing deficit on record — according to a new Zillow analysis of U.S. Census Bureau data. Persistent inventory shortages continue to drive the national housing affordability crisis, limiting access to homeownership and forcing millions of people to share homes with non-relatives. […]

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More pets than kids: The increased role of animals in real estate

As American demographics shift, so do the priorities of homebuyers, and pets are playing an increased role in real estate decisions. “Did you know there are more households with pets than children?” Jessica Lautz, deputy chief economist and vice president of research at the National Association of Realtors (NAR), wrote in a recent blog post.

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Buyers shrug off economic uncertainty as new-home sales rise

New-home sales continue to be a bright spot in a housing market that’s struggling with high mortgage rates and other economic headwinds. According to a report from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), new homes in April sold at seasonally adjusted annual rate of 743,000, which is a

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