NAR Report Concludes: 'The State of America's Housing Stock is Dire'

A report released by the National Association of REALTORS® and a consulting group concludes that a “once in a generation” response is needed to address the decades of under-investment and under-building in the housing market. The report highlights the causes of housing shortages and offers potential solutions for policymakers. 

“It’s clear from the findings of this report and from the conditions we’ve observed in the market over the past few years that we’ll need to do something dramatic to close this gap," notes NAR's chief economist Lawrence Yun. For a summary and link to the full report, click here.