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 report

Maryland REALTORS® Releases Second Annual Report on the State of Housing in Maryland

ANNAPOLIS, Md. – Maryland voters’ concerns about housing availability, housing affordability and rent affordability have increased by double digits starting in 2020, according to a survey conducted by American Strategies for Maryland REALTORS®, the largest association commercial service serving more than 28,000 REALTOR® members in Maryland. As part of Maryland REALTORS®’ “Open Doors to Stronger […]

Housing crisis

More Multi-Family Units Will Ease Montana’s Housing Crisis

It’s no secret that the Flathead Valley has faced a lack of affordable housing and labor for years. But it’s a problem that has worsened in the wake of the Covid-19 pandemic, as more and more people have moved to the area. Montana’s population between 2010 and 2020 grew by 10%, but only added 7% […]

Housing crisis

CA must build millions of homes by 2030 to tackle housing crisis

LOS ANGELES, CA – California needs to build millions of homes by 2030 to address severe housing supply and demand challenges. That’s according to a new report released Wednesday by the California Department of Housing and Community Development, which is updated every four years and outlines challenges and strategies for dealing with the state’s housing […]

Housing market

5 real estate trends to watch in March

We’re only a few months away and 2022 has already been a whirlwind year for the real estate world. Mortgage rates have reached highs not seen since pre-pandemic, but even so, buyer demand has surged. Indeed, according to the real estate brokerage red finalmost three out of four buyers are now faced with a higher […]

Housing crisis

The housing crisis threatens us all, warns an economist

By Cecilia Chan, Personal editor Chandler and the rest of the Phoenix metro area must extricate themselves from the current housing deficit or face economic disaster down the road, a leading Valley economist warns. The housing shortage just isn’t bad in Arizona, but it’s across the country, economist Elliott Pollack told Gilbert City Council as […]

Housing crisis

FL law enforcement blames housing crisis for understaffed

The lack of affordable housing in Manatee and Sarasota counties is a major obstacle for police departments trying to attract new recruits to Southwest Florida, law enforcement officials said Thursday. . At a law enforcement roundtable hosted by U.S. Representative Vern Buchanan, R-Longboat Key, sheriffs and police chiefs lamented the negative impact of the housing […]

Housing report

Annual Lakewood Housing Report examines market strengths and challenges – The Suburban Times

Town of Lakewood announcement. As the region grows and costs rise, the report reveals that there are “no easy solutions” to meet demand and contain costs. Lakewood, Wash. – The Town of Lakewood released its Housing Report 2021 in February, offering a detailed examination of housing market forces. Housing is scarce and the area continues […]

Housing crisis

Solving the housing crisis – Flathead Beacon

Last October, 28-year-old Devynn Fetter returned home to her single trailer in Columbia Falls to find a pamphlet on her door that said the owners of the manufactured home park were selling and hoped to close by Christmas. After an initial panic, Fetter soon learned that the brochure was from NeighborWorks Montana, a local nonprofit […]

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 crisis

How can we solve the national affordable housing crisis – KION546

Opinion of Janneke Ratcliffe for CNN Business Perspectives Millions of Americans are losing the chance to reap the benefits of home ownership due to a shortage of supply. This shortage is most acute among affordable housing, where low- and middle-income renters, young first-time home buyers and people of color are losing confidence that they will […]

Housing report

New Hampshire Releases Housing Report on Statewide Building Permits

The following graph shows the number of housing units for which permits have been issued each year since 2001. Courtesy of New Hampshire BEA. “We are ready to tackle the influx of housing demand head-on,” said OPD lead planner Ken Gallager. “Our in-depth analysis of housing market trends will inform local and state stakeholders on […]

Housing crisis

First-time buyers and the middle class are missing out on the market

On a cold February morning in Newport Center, Kris Thielen was enjoying her day off in her new apartment. She’s a proud new Vermont resident, who moved from Colorado to Green Mountain State in December, after the pandemic made her realize she wanted a change. “(We) started looking for opportunities here, there’s a ton of […]

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 crisis

How can we solve the housing crisis in Metro Vancouver?

Townhouses, six- to 12-unit multiplexes and co-op units would be more energy efficient, face less local opposition and could be replicated across large swaths of Metro Vancouver currently zoned for a new report, says a new report. single-family detached houses. Booming single-family homes and condo towers won’t solve Metro Vancouver’s housing crisis — what’s missing, […]

Housing report

Low-density areas of Metro Vancouver should be developed for new housing: report

To overcome the geographic constraints of Metro Vancouver, a new report calls for soft densification of low-density neighborhoods in the region to help improve housing affordability and supply. To date, most of the area’s growth has come from the redevelopment of former industrial land into high-density residential uses and the concentration of growth around major […]

Housing crisis

Data reveals gap between wages and median home price for Florida hometown heroes

TALLAHASSEE, Florida., February 9, 2022 /PRNewswire/ — A large number of florida according to a new data analysis by Florida realtors®. Sen. Ed Hooper (R-Clear water), Financial director Jimmy PatronisPresident of Florida Realtors Christina Papas and other leaders today highlighted data showing the disparity between median home prices and wages earned by many of the […]

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 report

Critics praise housing report’s zoning proposals, but see red flags

Ontario’s Housing Affordability Task Force makes little mention of affordable housing construction or the speculation and investment buying that many believe is driving up home prices. But among its 55 recommendations released on Tuesday, critics and politicians agreed that the proposal to end exclusionary zoning – the restriction that closes 70% of residential land in […]

Housing report

Ontario housing report calls for end to ‘single-family’ zoning

Released Tuesday, the report also says the province should declare that up to four units, with up to four stories, will be allowed “as of right” — automatically without rezoning.Fred Lum/The Globe and Mail Zoning rules that ban all but single-family homes in swathes of Ontario cities must end to solve the housing crisis, says […]

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

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

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 crisis

Can California subdivide toward a solution to the housing crisis?

In September, Governor Newsom signed into law Senate Bill 9 authorizing the development of up to four residential units on every single-family lot in California. Many cities have already been moving towards eliminating one house per lot for years, but now it’s becoming universal across the state. The law effectively eliminates traditional single-family zoning. Called […]

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 report

Well, here’s the neighborhood! Draft housing report suggests not protecting ‘character’ of neighborhoods and allowing 4-story apartments anywhere” Burlington Gazette

By staff January 26, 2022 BURLINGTON, ON Marcello Alaimo, operator of Exquisite Living, has posted some comments on the draft housing task force which is due to release the report and its 58 recommendations at the end of the month. The task force tasked with finding ways to make housing in Ontario more affordable wants […]

Housing supply

Shortage of real estate housing supply in North Carolina

GREENVILLE, NC (Stacker.com) – The economics of real estate is both simple and complex. As with any other commodity, supply and demand drive costs in the housing market, and right now house costs are at an all-time high, an 18% increase since September 2020. But Factors creating record inventories and increased interest buying are varied […]

Housing report

Coronavirus housing report highlights localities vulnerable to economic impact

ATTOM released its fourth quarter 2021 coronavirus special report, highlighting county-level housing markets in the United States that have been found to be more or less vulnerable to damage from the ongoing coronavirus pandemic that still puts endanger the American economy. The report shows that New Jersey, Illinois and parts of California had the highest […]

Housing crisis

MEREDA 2022: Maine House speaker calls for action on statewide affordable housing ‘crisis’

Maine needs more housing of all kinds and especially affordable housing, Ryan Fecteau, speaker of the Maine House of Representatives, said Thursday in Portland. “There is a problem, and we have to fix it,” he said in his keynote address to the Maine Real Estate & Development Association’s annual forecast conference, which was attended by […]

Housing crisis

Housing crisis a ‘complex challenge’, say city leaders

WATERLOO REGION — A housing summit held Wednesday between the Ontario government and municipal leaders was a “frank and candid” conversation about ways to help solve the housing crisis, Karen Redman said. “It’s a very complex challenge,” said Redman, regional president. Municipal Affairs and Housing Minister Steve Clark said he’s heard “great ideas” from city […]

Housing supply

Province providing $45 million to streamline building permits to increase housing supply

As housing prices soar across the country and here in Windsor-Essex, the province hopes funding to streamline building permits will help build more homes, faster. “Ontario is experiencing a housing crisis and it’s no secret,” Ontario Premier Doug Ford said Wednesday at the launch of a housing summit to gather ideas for solve the housing […]

Housing crisis

CLARK: All levels of government must work together on the housing crisis

Breadcrumb Links Opinion Columnists Publication date : January 17, 2022 • 16 minutes ago • 3 minute read • Join the conversation A real estate sign reading ‘For Sale’ and ‘Sold Above Demand’ in Vaughan. Photo by Mark Blinch /Reuters Content of the article Overcoming the housing affordability crisis in Ontario requires coordinated leadership from […]

Housing report

Housing report confirms Kingston home prices are rising exponentially

Content of the article A report released Thursday by real estate company Royal LePage confirms what every home buyer and seller in the Kingston area has realized in 2021: Local home prices have all but skyrocketed. Content of the article According to the Royal LePage Home Price Survey, the overall price of a home in […]

Housing crisis

Mark Marissen: Let’s solve this Vancouver housing crisis with an open heart and mind

By Mark Marissen Healthy cities need a strong middle class. Unfortunately for us, Vancouver is well on its way to becoming a city for the very rich and the very poor. If, like me, you want Vancouver to be a home for middle-class families, it’s high time we acted urgently. Most young families in Vancouver […]

Housing crisis

Panelists say housing crisis will require the displacement of mountains and spirits – The Durango Herald

NIMBYism is an obstacle, but the real danger could be the demise of the middle class A 1,347 square foot three bedroom, two bathroom home on Delwood Avenue in Durango was listed at $ 549,000 on June 4, 2019 and was under contract five days later. (Jerry McBride / Durango Herald file) Changes in physical […]

Housing supply

Paulson: Tight housing supply welcomes 2022

Breadcrumb Links Columnists The numbers are in and it’s official: Saskatchewan has set a record for home sales in 2021. Publication date : January 12, 2022 • January 12, 2022 • 4 minute read • Join the conversation Saskatchewan set a record for home sales in 2021. Sales of 17,387 soared 17% from the previous […]

Housing supply

Housing supply remains a burning issue

The housing stock has been a critical issue for the British Columbia real estate market and for the Canadian housing market in general. From a scarcity of real estate listings to months of record inventory, it has become increasingly difficult for homebuyers to achieve the Canadian dream of home ownership. Even if young families and […]

Housing supply

Cedar Rapids will diversify housing supply with secondary suites

Rigid single-family zoning policies deprive residents of more choices — it’s especially problematic for those who don’t want big homes, like the older Cedar Rapidians AARP chart on types of secondary suites, courtesy of the City of Cedar Rapids Cedar Rapids has an idea to bolster housing options and potentially start addressing other city priorities […]

Housing report

Councilwoman Castillo responds to controversial housing report: ‘We need to do better as a city’

Reactions to a new report indicating that San Antonio is releasing and demolishing old housing stock at a rate several thousand percent faster than other major cities in Texas – often displacing people of color from family homes and often without procedure regular – were fast. Some residents felt validated, and city staff persisted in […]

Housing supply

The Problem With Vacant Housing Taxes When Trying To Address Housing Supply Problems

Breadcrumb Links Real estate The construction of thousands of new homes is necessary to properly close the gap between supply and demand Publication date : November 19, 2021 • November 19, 2021 • 3 minute read • Join the conversation Vancouver’s annual empty home tax report for 2019, the latest available online, identified 6,025 vacant […]

Housing supply

Historically low housing supply in British Columbia, even as prices rise, report says

According to a report by the BC Real Estate Association, British Columbia’s housing market is at an all-time low in terms of supply, even as house prices soar. This means potential buyers in Metro Vancouver need to look beyond Fraser Valley suburbs and travel even further to find lower housing prices. The report, released on […]

Housing supply

Housing Shortage Continues Through October, Fraser Valley Real Estate Board Reports – Agassiz Harrison Observer

A housing shortage continues to challenge the Fraser Valley Real Estate Board (FVREB), which is reporting another good month for sales as well as another bad month for new listings. Sales were the third highest on record in October, but their home inventory is half what it was in the same month last year. That […]

Housing supply

Housing shortage continues into October, Fraser Valley Real Estate Board reports – Abbotsford News

A housing shortage continues to challenge the Fraser Valley Real Estate Board (FVREB), which is reporting another good month for sales as well as another bad month for new listings. Sales were the third highest on record in October, but their home inventory is half what it was in the same month last year. That […]

Housing supply

BC Government Taking Positive Steps to Increase Housing Supply, But Incentives Needed to Encourage Action

With demand significantly outstripping supply in many parts of British Columbia, the cost of housing has increased dramatically during the COVID-19 pandemic. The British Columbia Real Estate Association (BCREA) has argued that increasing the supply of market housing is key to making home ownership more affordable for British Columbians. That’s why the provincial government’s recent […]

Housing supply

NWA cities strive to expand housing supply to accommodate region’s growth

Growth in northwest Arkansas continues. Following the release of census data in August that showed Fayetteville was now the second-largest city in the state, an article published by online media company Visual Capitalist ranked the northwest metropolitan area of Arkansas as the sixth fastest growing metropolitan area in the nation. It seems almost certain that […]

Housing sector

National Association of Realtors Chief Economist: ‘The housing sector is clearly stabilizing’

By Anna Bahney, CNN Business The housing market is starting to look a little more normal. Home sales fell in August from both July and a year ago, breaking two straight months of increases, according to National Association of Realtors. Home purchases have increased over the past year, which Lawrence Yun, NAR’s chief economist, says […]

Housing supply

Homebuilders tackle Canada’s housing shortage

Housing supply in Canada was falling short of demand even before COVID hit, a situation the pandemic has highlighted. It’s not that homebuilders have been idle. Housing starts over the past 12 months have been the strongest since the mid-1970s, and the number of homes under construction is at an all-time high. The problem is […]

Housing supply

Governor Newsom Signs Landmark Legislation to Boost California Housing Supply and Tackle Housing Crisis

Governor Newsom’s plan to return to California will lead to more than 84,000 new homes and an end to homelessness, including today’s announcement of $1.75 billion in housing funding affordable for new california housing accelerator SB 8 extends Housing Crisis Act of 2019 to further boost housing production SB 9 gives landlords additional tools to […]

Housing supply

Posthaste: It’s not just about demand, housing supply growth may also have peaked in Canada after a burst of activity

Good morning! Investment in residential construction hit a record $43.4 billion in the second quarter of this year – topping $40 billion for the first time – but could start to cool off after a period of sustained growth. According to new data from Statistics Canada, investment in residential construction fell 5.8% to $13.8 billion […]

Housing report

Hamilton could ‘dig in’ without family-friendly housing: report

By Nathan Sager Published on June 25, 2021 at 03:41 Hamilton’s housing construction policies need to be more family-friendly, especially as there is a climate crisis. Thursday, the Smart Prosperity Institute published a research paper which examines homebuilding and population trends in Hamilton from 2015 to 2020. The authors claim that Hamilton built fewer single-family […]

Housing report

JCHS Releases 2021 State of the Nation’s Housing Report

Homepage News JCHS Releases 2021 State of the Nation’s Housing Report Cambridge, MA, June 16, 2021 – As the U.S. economy continues to recover from the effects of the pandemic, households that weathered the crisis without financial distress are grabbing hold of the limited supply of homes for sale, driving up prices. price and further […]

Housing report

Housing report highlights scale of crisis on Bowen Island

Eighty-four percent of residents cannot afford a new single-family home, and single-family homes make up 90% of the housing stock The housing needs report presented at the regular council meeting on Tuesday evening painted a grim picture of the island’s housing crisis. “…[It’s] the most acute affordability problem I’ve seen,” said Urbanics consultant Sophie Payne. […]

Housing report

Greater Boston Housing Report Highlights City’s Housing Challenges – News @ Northeastern

The country faces a housing crisis: There is a growing shortage of affordable housing, and tenants and landlords in many places are struggling to meet their monthly payments. The Greater Boston area is no better off. There are not enough houses for everyone; homelessness is on the rise; and modern zoning practices continue to perpetuate […]