Housing supply

Biden seeks to boost housing supply in the absence of congressional action

The Department of Housing and Urban Development will also encourage state and local recipients to use money from more flexible programs, including Community Development Block Grants, to create more affordable housing. The administration said the Treasury Department will encourage state and local governments to direct pandemic relief funds provided by Congress in 2021 toward affordable […]

Housing supply

Housing supply crisis looms over election

Australia does not have a housing affordability crisis, it has a housing equality crisis and little is being done by either major party to close the growing gap according to some industry heavyweights. Housing affordability remains a hot topic ahead of the federal election, with both major parties pledging to tackle the issue, but neither […]

Housing supply

London’s housing supply isn’t fit for purpose, and we need a bit of courage to fix it

Monday, May 16, 2022 6:00 a.m. The housing stock in London does not meet existing demand. (Photo by Dan Kitwood/Getty Images) The housing market in London is extremely difficult to navigate. Students looking for an apartment to rent with two or three friends often have to give up the idea of ​​a living room for […]

Housing supply

Richard Brown: ‘Street votes’ could improve housing supply in London, but bigger solutions are needed

Giving wards more power to manage new developments is good news, but it won’t be enough to tackle London’s housing crisis. Michael Gove was in fine form yesterday morning as he sought to sell his housing and planning reform package on the airwaves. “Beauty! Infrastructure! Democracy! Environment! Neighborhoods!” he proclaimed, arguing that local empowerment would […]

Housing supply

CTV Northern Ontario: Housing supply issues lead to increases in the North

Home prices in northeastern Ontario have reached record highs, with real estate agents in Timmins reporting a 16% increase in the average home price so far in 2022, compared to last year. The average home now costs about $247,000, according to the Timmins Cochrane and Timiskaming Association of Realtors, compared to $217,000 in 2021. The […]

Housing supply

Government recruits construction workers to ‘meet demand’ when housing supply increases

A Housing for All initiative dedicated to the recruitment of construction workers has been launched by the government. Social Care Minister Heather Humphreys and Higher and Further Education, Research, Innovation and Science Minister Simon Harris today (Thursday 5 May) launched the FutureBuilding initiative to support the construction industry. The pilot initiative – run by an […]

Housing supply

Government recruits construction workers to ‘meet demand’ when housing supply rises

A Housing for All initiative dedicated to the recruitment of construction workers has been launched by the government. Social Care Minister Heather Humphreys and Higher and Further Education, Research, Innovation and Science Minister Simon Harris today (Thursday 5 May) launched the FutureBuilding initiative to support the construction industry. The pilot initiative – run by an […]

Housing supply

Government recruits construction workers to ‘meet demand’ as housing supply rises

A Housing for All initiative dedicated to the recruitment of construction workers has been launched by the government. Social Care Minister Heather Humphreys and Higher and Further Education, Research, Innovation and Science Minister Simon Harris today (Thursday 5 May) launched the FutureBuilding initiative to support the construction industry. The pilot initiative – run by an […]

Housing supply

Government ‘landlord bashing’ is fueling rental housing supply crisis, NRLA warns

Landlords have warned ministers that their ongoing attempts to curb investment in the private rental sector are fueling a supply crisis, driving up rents and making home ownership harder to afford. The National Residential Landlords Association (NRLA) says that since 2015 this has included taxing the supply of new homes for rent through a three […]

Housing supply

Construction strike risks worsening housing supply crisis

Breadcrumb Links Toronto and the GTA Ontario News “We think it would be good to end it because we are already short of housing”: union boss Publication date : May 04, 2022 • 14 hours ago • 2 minute read • 20 comments Members of the International Union of Operating Engineers picket at a construction […]

Housing supply

Increase housing supply, not demand

The main, if not the only way to achieve this is to remove all land use planning constraints on the outskirts of cities. This will increase the supply of land for development and thus increase the number of homes for sale. This absolutely guarantees to drive down housing prices. Increase supply, not increase demand. Tim […]

Housing supply

Housing supply key to opposition housing plan

The Property Council of Australia today welcomed the Federal Opposition’s housing announcements and its plan to play a federal leadership role in tackling housing affordability and supply. Property Council chief executive Ken Morrison said the opposition’s announcement presented a solid basis for what is a much-needed national plan to tackle the housing affordability crisis. “Housing […]

Housing supply

Moffatt: Ontario Budget Projects Deeper Housing Supply Crisis

Ontario is experiencing a housing supply crisis, and the 2022 Ontario Budget forecasts more challenges ahead. Earlier this year, Doug Ford’s government introduced the More housing for all (Bill 109) based, in part, on recommendations made by its housing affordability task force. Despite this, the 2022 budget forecasts annual housing starts to remain below 90,000 […]

Housing supply

NAR’s Bryan Greene Joins Housing Supply and Affordability Crisis Think Tank – RISMedia

Bryan Greene, Vice President of Policy Advocacy for the National Association of REALTORS® (NAR) along with several other senior housing officials recently joined the national think tank Third Way for a discussion on how to solve the housing crisis, with a focus on increasing availability, affordability and accessibility for all, announced the NAR. Greene was […]

Housing supply

Maine House passes bill to boost state housing supply

AUGUSTA — The Maine House voted 78 to 51 Thursday night in favor of a bill that supporters say will ease Maine’s affordable housing crisis, in part by allowing duplexes and secondary suites to be built on plots of single-family homes. The bill’s main sponsor, House Speaker Ryan Fecteau, D-Biddeford and other affordable housing advocates […]

Housing supply

Bipartisan bill to create tax credit to increase housing supply and revitalize struggling homes: The Prowers Journal

Russ Baldwin | April 14, 2022 | Comments 0 The legislation would help defray the cost of building or renovating homes, help existing homeowners stay in their homes Washington, DC –– US Senator from Colorado, Michael Bennett, a member of the US Senate Finance Committee, has co-sponsored legislation led by US Senators Ben Cardin (D-Md.) […]

Housing supply

Framespace to Hire 150 Additional Employees to Accelerate Offsite Housing Supply | Irish Building Magazine.ie

The 120,000 square foot facility will initially allow Framespace to deliver 550 residential units per year, with the company expecting adoption of offsite (or modular) housing to grow as housing completions increase for achieve the government’s ambitious goals for social and affordable housing. Framespace plans to double its production over 3 years, with a target […]

Housing supply

Real estate industry weighs in as Ottawa targets housing supply

This section is Present This section was produced by the editorial staff. The client did not have the opportunity to put restrictions on the content or to revise it before publication. by RBC Mortgages Breadcrumb Links Real estate News PF Economy The groups say they are encouraged by the measures taken, but not everyone is […]

Housing supply

Housing supply for Ukrainian refugees ‘stretching’ with tough weeks ahead, says Taoiseach

IRELAND’s efforts to house Ukrainian refugees will become difficult in the coming weeks as the offer is now “stretched”, Taoiseach Micheal Martin has warned. More than 20,000 Ukrainians have come to Ireland in recent weeks to escape the Russian invasion of their country. 2 Taoiseach Micheal Martin said there were tough weeks ahead as housing […]

Housing supply

Senators Romney and Lee introduce bill to increase housing supply in Utah

WASHINGTON-US Senator Mitt Romney (R-UT) joins Senators Mike Lee (R-UT) and John Barrasso (R-WY) in introducing the Help open up underutilized space to secure shelter or HOUSES Act today to help local government units address housing supply and affordability in their jurisdictions. The federal government owns more than two-thirds of the land in Utah. Utah […]

Housing supply

Panelists share ways to increase supply of affordable housing

Jenna Kimberley (left), president of the Home Builders Association of Greater Des Moines, moderated a panel discussion on housing supply at this week’s Affordable Housing Week symposium. Panelists (left to right) were Carrie Woerdeman of Kading Properties, Rachel Flint of Hubbell Homes Inc. and Lance Henning of Greater Des Moines Habitat for Humanity. Photo courtesy […]

Housing supply

Senator Lee introduces bill to increase housing supply in Utah

Sen. Mike Lee (R-UT) introduced his Helping Open Underutilized Space to Ensure Shelter or HOUSES Act to help local government units address housing supply and affordability in their jurisdictions. The federal government owns more than two-thirds of the land in Utah. Utah is also among the states with the most competitive housing markets and limited […]

Housing supply

The supply of housing obtains a budget increase of 10 billion dollars; Federal government adds measures to curb speculation

Ian Bickis, The Canadian Press Posted Thursday, April 7, 2022 4:22 p.m. EDT Last updated Thursday, April 7, 2022 5:59 PM EDT TORONTO – The Liberal government will try to ease Canada’s housing crisis with more than $10 billion in funding to speed up home construction […]

Housing supply

Feds add measures to curb speculation as housing supply increases by $10 billion – Boundary Creek Times

The Liberal government will attempt to ease Canada’s housing crisis with more than $10 billion in funding to speed up the construction and repair of homes, as well as banning home purchases from foreign investors and taking tax measures to reduce speculation, while adding assistance for those trying to enter the market. Commitments are one […]

Housing supply

Budget: housing supply increases by $10 billion

TORONTO – The Liberal government will try to ease Canada’s housing crisis with more than $10 billion in funding to speed up home construction and repair, as well as measures to calm the market and help those trying to to buy their first home. “The main challenge in Canada when it comes to housing is […]

Housing supply

Budget 2022: Housing supply increases by $10 billion; Federal government adds measures to curb speculation

By Josh Funk in Omaha OMAHA, Neb. (AP) – Warren Buffett gave Berkshire Hathaway investors some details Saturday about how he spent more than $50 billion earlier this year and reassured them that the business he has built will last long after the 91-year-old billionaire is gone. Tens of thousands of investors filled an Omaha […]

Housing supply

Property council welcomes focus on sustainability and housing supply

The improvements will require continued collaboration between New South Wales and local government, industry and other stakeholders to create the homes the community needs, says the PCA. The announcement: The Property Council of Australia has welcomed the NSW Government’s decision to make significant improvements to the BASIX (Building Sustainability Index) system and its reaffirmed commitment […]

Housing supply

Leaders share strategies to escalate housing supply chain challenges

Leading Building Products Dealers Discuss Supply Chain Constraints and Solutions at ProDealer … [+] conference. (Left to right: Mark Hopkins, Hancock Lumber Company; John Perna, Hamilton Building Supply; Stephen Sallah, LBM Advantage; Mike Reeves, Espy Lumber and Master of Ceremonies Richard Laible) HBS Dealer John Perna operates Hamilton Building Supply Company in New Jersey, a […]

Housing supply

Inside Housing – News – Housing supply ‘overshadowed’ fire safety despite multiple warnings ahead of Grenfell, Barwell agrees

He was also shown a letter from Fire Minister Brandon Lewis, sent in November 2015, which referred to the department’s “long-standing commitment” to reviewing the guidelines and noted “changes in construction technology, in particular the increased use of combustible materials. The letter said that Mr Lewis’s officials had met with the industry umbrella group, the […]

Housing supply

BILD commends province for taking action on housing supply

Toronto, March 30, 2022 (GLOBE NEWSWIRE) — Greater Toronto Area, March 30, 2022 — The Building Industry and Land Development Association (BILD) commends the provincial government for taking action to address the housing supply crisis in the GTA through legislation and other measures. “For decades, previous provincial governments and successive municipal governments have made it […]

Housing supply

Ontario Introduces New Legislation to Increase Housing Supply in the Province

Ontario’s housing minister on Wednesday introduced new legislation aimed at increasing the supply of housing in the province. On Wednesday, Ontario Municipal Affairs and Housing Minister Steve Clark introduced the More Homes for All bill at Queen’s Park. The plan outlines three key areas the government is focusing on to address the problem. The province […]

Housing supply

Join our April 6 Housing Supply and Affordability Information Session – City of Mississauga

On Wednesday, April 6, the City of Mississauga is hosting a live virtual information session on how we are addressing the housing crisis in our city and working to make housing more affordable. Residents will learn about the steps Mississauga is taking to create more housing supply and make it more affordable. The session […]

Housing supply

Metros where job growth exceeds new housing supply | Latest titles

We’ve all heard stories about how hard it is to find – let alone afford – housing in cities like New York or San Francisco. When demand far outstrips available properties in a given area, costs artificially rise and it becomes common for many people to be forced to travel to the suburbs to find […]

Housing supply

British Columbia Housing Supply – Victoria Times Colonist

A commentary from a VP, Consulting, with Vancouver-based Rennie real estate organization. February 9 marked the release of the first installment of data from the 2021 Census. This first release provided data on the total population and number of dwellings in Canada and insight into the growth of our communities. Based on this high-level data, […]

Housing supply

First-time buyer subsidies are a failed solution to the housing supply crisis | Northern Beaches Review

There is a housing affordability crisis in Australia and both major political parties are reluctant to address the root cause of the problem: supply. Figures put forward by Labor housing spokesman Jason Clare showed prices on the Central Coast and parts of northern Tasmania had risen by more than 40 per cent, with regional Australia […]

Housing supply

Municipalities disagree on housing supply report | News

VANCOUVER — A municipal government report that says British Columbia is building enough homes to match the province’s population growth has drawn heavy criticism from the housing minister. The Union of British Columbia Municipalities report released Wednesday said data shows enough homes are being built to match the province’s growing population, but the number of […]

Housing supply

Housing Minister and municipal governments at odds over BC housing supply report – Coast Mountain News

A municipal government report that says British Columbia is building enough homes to match the province’s population growth has drawn heavy criticism from the housing minister. The Union of British Columbia Municipalities report released Wednesday said data shows enough homes are being built to match the province’s growing population, but the number of affordable homes […]

Housing supply

Rotorua’s affordable housing supply set to grow by new standards

Rotorua Professionals McDowell Real Estate principal and auctioneer Steve Lovegrove. Photo/Andrew Warner Thousands of Rotorua residents affected by the housing crisis and excluded from the property market could find success as new housing standards allow more construction. Last week it was announced that Rotorua Lakes Council would join 12 other councils nationwide to reach major […]

Housing supply

“Flexible density units”: another tool to increase the supply of housing in Santa Cruz

On Tuesday, the Santa Cruz City Council approved a new type of housing model: the flexible-density unit, which aims to give developers more options in terms of the size of units they can bring to the housing stock. from the city. Adding UDFs to the city’s housing palette would help developers draw up their building […]

Housing supply

Housing Minister and municipal governments at odds over BC housing supply report – Keremeos Review

A municipal government report that says British Columbia is building enough homes to match the province’s population growth has drawn heavy criticism from the housing minister. The Union of British Columbia Municipalities report released Wednesday said data shows enough homes are being built to match the province’s growing population, but the number of affordable homes […]

Housing supply

Housing Minister and municipal governments at odds over BC housing supply report

VANCOUVER — A municipal government report that says British Columbia is building enough homes to match the province’s population growth has drawn heavy criticism from the housing minister. The Union of British Columbia Municipalities report released Wednesday said data shows enough homes are being built to match the province’s growing population, but the number of […]

Housing supply

Spring launch of UK housing supply with 21% increase in listings

With real estate listings finally up – and up significantly – could this be the beginning of the end for the country’s housing supply problems? The latest figures reveal a much needed increase in the number of new properties coming to market in the UK. Although buyer appetite remains strong, this could ease some of […]

Housing supply

Minister, municipal governments at odds over housing supply in British Columbia

Breadcrumb Links Immovable Local News A UBCM report says data shows enough homes are being built…but the number of affordable homes and rental properties is lacking. Author of the article: A laneway house under construction in Vancouver. Photo by NICK PROCAYLO /PNG Content of the article A municipal government report that says British Columbia is […]

Housing supply

Prices rise as demand in the Knoxville housing market increases and housing supply decreases

KNOXVILLE, Tenn. (WVLT) — A new report from the Knoxville Area Association of Realtors has shown that home prices and rents are getting too expensive for many Knoxville residents. Knoxville was once seen as an affordable place to live, but that is rapidly changing, according to association spokesperson Hancen Sale. “Knoxville is on the map. […]

Housing supply

Fairway: More H4P companies could help add housing supply for young families

With the hiring of a new Business Development Manager specifically dedicated to growing the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business, Fairway Independent Mortgage Corporation has chosen Reverse Mortgages for the purchase as a major initiative of the company to develop in 2022. To get a better idea of ​​the depth of Fairway’s […]

Housing supply

Megatrends Squeeze Housing Supply in Spokane

Megatrends Squeeze Housing Supply in Spokane Amanda Beck, Assistant Planner II, 509.625.6414 Thursday March 10, 2022 at 2:28 p.m. Why is housing getting expensive in Spokane? Organizations in the Interior Northwest are working hard to address the current housing affordability crisis. The city’s effort to shape housing in Spokane is an extension of the Housing […]

Housing supply

Pressure on state to increase housing supply as flooding increases homelessness

More than 17,000 property damage assessments have been carried out in South East Queensland as the state government prepares to implement a series of measures in response to ongoing housing and homelessness issues after recent heavy rains and floods. In Gympie – 202 houses were found severely damaged – 94 moderate and another 124 – […]

Housing supply

The Irish Times take on housing supply

There are encouraging indicators of increased supply in the housing market. But it will be a long way to any kind of normalcy in the rental market as, for potential home buyers, supply remains well below demand. On the rental market, the exit of private owners continues at a sustained pace, with numerous sales, thus […]

Housing supply

Housing supply in Toronto outpaces population growth, but costs remain high

Unlike the tight housing market of many US cities, Rachelle Younglai of The Globe and Mail reports that Toronto has seen an increase in the number of housing units that outpaces the city’s population growth over the past five years. “The number of private dwellings in the Toronto area increased by 7%, to 2,394,205, between […]

Housing supply

Australia faces a housing supply crisis

Australia could face a “worrying” housing deficit of more than 160,000 homes over the next decade, according to new projections. The National Housing Finance and Investment Company Housing State of the Nation 2021-2022 The report shows that when net migration overseas returns to pre-covid levels by 2024-2025, the number of new households will begin to […]

Housing supply

City will study the supply of housing | Local News

February 24, 2022 Russians in Arizona watch with dismay and sadness the invasion of Ukraine WASHINGTON — It’s been decades since Paul Antseliovich moved away from Moscow and Nikolai Riasnianski left behind both the big city and the small Russian town where he grew up. But years and miles haven’t made the events of the […]

Housing supply

Housing supply, in order to stabilize the real estate sector

Construction workers paint a real estate project in Shanghai. [Photo provided to China Daily] China will provide some 2.4 million subsidized rental housing units this year, an official with the country’s top housing regulator said Thursday. One of the main tasks that the country has set itself is to ensure the stability of the real […]

Housing supply

Federal Minister of Housing Highlights Conclusion of 2022 National Housing Supply Summit

OTTAWA (ON), February 24, 2022 /CNW/ – Everyone in Canada deserves a safe and affordable home. The pandemic has made it clearer than ever that affordable housing is essential to from Canada recovery. CMHC Logo (CNW Group/Canada Mortgage and Housing Corporation) That is why, today, the Honorable Ahmed Hussen, from Canada The Minister of Housing […]

Housing supply

Australia faces a decade-long housing supply crisis

“For example, we expect around 184,000 new homes per year (net of demolitions) to be added to supply over the next three years, while between 2025 and 2032 we also expect the formation nearly 180,000 new households every year.” Household formation – the number of single people or groups of people living in a dwelling […]

Housing supply

Few new promises to increase housing supply in BC’s 2022 budget

British Columbia’s 2022 budget is largely a stimulus budget. There are significant investments in continued recovery from last year’s extreme wildfires and floods, as well as the COVID-19 pandemic. The budget acknowledged that British Columbia’s “record supply and strong demand for homes” have led to significant price increases in 2021, in all major regions and […]

Housing supply

Federal government announces up to $80 million to address housing supply chain issues in northern and remote communities

The federal government announced funding of up to $80 million to address housing supply chain issues in northern and remote communities. Ahmed Hussen, federal Minister of Housing, Diversity and Inclusion, made the announcement Wednesday morning during a virtual press conference with Northern Affairs Minister Daniel Vandal and Yukon Member of Parliament Brendan Hanley. “The barriers […]

Housing supply

CANADA INVESTS $80 MILLION IN ROUND THREE OF HOUSING SUPPLY CHALLENGE

OTTAWA (ON), February 23, 2022 /CNW/ – Every Canadian deserves a safe and affordable place to call home. Affordable housing is essential for from Canada pandemic recovery, especially for northern and remote communities across the country. Government of Canada logo (CNW Group/Canada Mortgage and Housing Corporation) Today, the Honorable Ahmed Hussen, Minister of Housing and […]

Housing supply

Dysfunctional policies broke the US housing supply chain

Long before the COVID-19 pandemic made supply chain issues a topic of table conversation, the United States was already grappling with failing production systems in a key industry: housing. The United States has failed to build enough housing to meet the demand created by population and job growth since the Great Recession, and even earlier […]

Housing supply

Connecticut’s lagging residential construction is hurting affordable housing supply, experts say

Shaurice Bacon feels stuck in her home, an apartment with not enough space for her family. She lived in public housing in Bridgeport for two decades. She researched other low-cost apartments, applied to housing choice voucher programs, and explored rent-to-own options. She expanded her search to include Hartford, New Haven, New Britain and anywhere in […]

Housing supply

“Increasing the supply of housing is essential to bring down prices”

INCREASE in housing supply is key to driving down property prices, which have risen by an average of £1,788 per week in 2021. The statement came from the Housing Minister, who admitted that the continued rise in house prices, which was laid bare in this week’s House Price Index, could hurt young islanders’ aspirations to […]

Housing supply

Census data fuels debate on housing supply and demand

Steve Pomeroy of Focus Consulting said Canadian census data showed around 8% of homes, or 1.3 million, are not in full-time use by “usual residents”.DARRYL DYCK/The Canadian Press New census data released last week shed light on whether high house prices are simply the result of a lack of housing supply. Many industry pundits and […]

Housing supply

Two new developments could dramatically increase housing supply in Bayfield – The Durango Herald

The city council approves the sketch plan and the modification of the general plan The town of Bayfield, 20 minutes east of Durango, has seen steady population growth with over 2,600 people living there. Two large developments offer new housing in the community. (Durango Herald file) Bayfield could get dozens more homes as two new […]

Housing supply

Twin Cities housing supply drops to historic low, median sale price rises to $332,000

5:19 p.m. | Wednesday, February 16, 2022 The median sale price for the Twin Cities rose to $332,250 last month Those looking to buy a home could face intense competition this spring. A new report released by Minneapolis Area Realtors shows that the supply of homes for sale in the Twin Cities metro is at […]

Housing supply

City of Waterloo seeks to boost supply of affordable housing with grants for nonprofits

The City of Waterloo is setting aside $500,000 to boost the local supply of affordable housing. The proposed grant, a first for the city, would help nonprofits offset some of the costs of creating or maintaining affordable housing in Waterloo. City councilors approved a draft of the grant proposal on Monday. “Programs like these are […]

Housing supply

Bank Negara says mismatch between housing supply and demand must be corrected

KUALA LUMPUR: Bank Negara Malaysia (BNM) stressed the need to address housing issues, including managing the acute mismatch of supply and demand in the housing market as well as improving housing price transparency. Governor Tan Sri Nor Shamsiah Mohd Yunus said home ownership cannot be solved through finance alone as most homes have become too […]

Housing supply

How left-wing planners are canceling housing supply

Left-wing planners see duplexes and triplexes as the antidote to racist walkers and ranches. It’s been twelve years since I suggested to a Seattle developer that the cause of the housing “crisis” was a lack of supply. She dismissed my argument, saying the word “offer” was “too republican.” Today things have changed – you are […]

Housing supply

Housing task force urges planning changes to boost housing supply

TORONTO — Ontario’s Housing Affordability Task Force is calling for higher housing density and simplified urban design rules as part of a package of reforms that could increase housing supply in the province . The task force’s recommendations include five key strategies to rapidly increase market housing supply to meet the goal of adding 1.5 […]

Housing supply

Census data adds weight to calls for more housing supply in Greater Victoria

“But what [the numbers] don’t tell us, it’s the number of people who couldn’t come here, who might want to come here. So while we grew to 7%, what could we have grown to if we had more supply? » Homebuilders and real estate experts are hoping the cold, hard facts about population growth released […]

Housing supply

Build the “zoning buffer” to increase housing supply without increasing land values

A new study by UCLA Professor Shane Phillips, Build the “zoning buffer”: use large upstream areas to increase housing capacity without increasing land valuesemphasizes the need to maintain sufficient zoning stamp—the gap between the existing housing stock and the maximum number of units permitted by current zoning—to increase housing affordability. Phillips’ research indicates that urban […]

Housing supply

Arizona officials to sponsor legislation to help housing supply and affordability

PHOENIX, Ariz. (KYMA, KECY) – New legislation regarding housing affordability was recently sponsored by State Representatives Steve Kaiser and Cesar Chávez. “The supply of available housing in Arizona has not kept pace with demand, making it harder for Arizona families to find affordable housing,” Rep. Kaiser said. “The biggest impediment to increasing housing supply is […]

Housing supply

Homebuyers run out of options as housing supply hits all-time low – Forbes Advisor

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Home prices and sales continued to climb despite a mild winter cooling. But the housing market is facing a new dilemma: the supply of existing homes for sale has hit an all-time […]

Housing supply

Housing supply continues to be tight as prices climb on northern Vancouver Island – Nanaimo News Bulletin

The Vancouver Island real estate market continues to experience a shortage of homes for sale. The latest report from the Vancouver Island Real Estate Board indicates that demand continues to outstrip supply. Inventory of single-family homes fell 39% in January, compared to 2021 statistics for the same period. But it was 15% higher than December […]

Housing supply

Housing supply continues to be tight as prices climb on North Vancouver Island – Vancouver Island Free Daily

The Vancouver Island real estate market continues to experience a shortage of homes for sale. The latest report from the Vancouver Island Real Estate Board indicates that demand continues to outstrip supply. Inventory of single-family homes fell 39% in January, compared to 2021 statistics for the same period. But it was 15% higher than December […]

Housing supply

New RMA housing supply provisions in effect – where to go now?

If there is one thing in New Zealand that our main political parties can agree on, it is that the Resource Management Act 1991 (RMA) needs an overhaul. During its 30-year history, the two main political parties have regularly adopted piecemeal amendments. The result was complex and unwieldy legislation, unhelped by implementation problems and a […]

Housing supply

How Suburban Sprawl’s Single-Family Home Zoning Limits Housing Supply

America’s suburbs are expanding again. Last year, single-family housing starts hit 1.123 million, the highest since 2006, according to the National Association of Home Builders, but options for potential buyers remain slim. Experts say the problems in the US housing market are tied to past political decisions. In particular, they say restrictive zoning codes limit […]

Housing supply

Bexhill tops list of UK housing supply hotspots

The city saw an 88% increase in new properties for sale in the last week of January compared to the same period in 2021, according to the latest figures from Rightmove. During this period, the average asking price for properties in Bexhill rose by 13% to £342,265, and the average time to find a buyer […]

Housing supply

Rightmove: Best areas for housing supply revealed – beach town takes top spot

The UK’s largest property site, Rightmove, has shared New Year’s supply hotspots where the number of new properties coming to market has increased. At the end of last year, demand exceeded supply, with the tuner of homes for sale falling to record lows. Estate agents had an average of 14 properties on their books, according […]

Housing supply

Townsville vacancies at 10-year low as rental prices soar and housing supply dwindles

In the regional city of Townsville, a two-bedroom unit in the CBD could cost renters up to $570 per week. Key points: COVID has seen Townsville’s housing stock shrink as there is an excess of rentals in Melbourne Townsville’s vacancy rate is 0.7% Some estate agents think it’s too expensive to own an investment property […]

Housing supply

GTA needs better forecasts to solve housing supply problem

Breadcrumb Links Houses Canada Inaccurate forecasts of population and housing completions are one of the causes of the housing supply and affordability crisis in the GTA. Photo by Shutterstock Photography Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission on purchases made through links on this page. Content […]

Housing supply

Pending home sales plummet as housing supply dwindles, leaving buyers with ‘very few options’

Numbers: Pending home sales fell 3.8% in December, according to the monthly index released by the National Association of Realtors. The index measures transactions where the contract has been signed for the sale of an existing home, but the sale has not yet been completed. As such, it is an indicator of the direction of […]