Materials and labor costs are up. Building costs will climb further if interest rates on construction loans rise.
A big part of the problem? A lack of new construction and municipal zoning laws that discourage or prohibit multifamily homes.
Sellers who don't want to become buyers and the refinancing craze play roles in the lack of supply.
Rents are up, providing builders an incentive.
Among the beneficiaries: Lowe's and Home Depot.
As that omicron wanes and weather warms, analysts expect building to pick up. That doesn't mean it'll make a dent in the housing shortage.
Demand for vacation homes has crowded out would-be homeowners, but will higher fees make a dent?
The National Association of Realtors estimates about a million potential first-time buyers have been left on the sidelines because of rising home prices and other factors.
The most recent numbers we have show 20% of the American population is living in multigenerational households.
New home sales have been slipping most of the year for a variety of reasons