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Housing construction increased the last two years, but after several years of underbuilding we are not overbuilt but closer to supply-demand balance. This article looks a the United States as a whole. Regions have very different patterns. However, the approach of this article provides a template for looking at a local housing market.
Although many people are most interested in single-family homes, competition from apartments must be understood to get a full picture of the forces impacting housing prices.
How much housing we are building relative to population growth is the most important factor to