The National Housing Deficit Grew by 159,000 Homes in 2023, Reaching 4.7 Million
The pandemic homebuilding surge was not enough to make up lost ground
Stories by Orphe Divounguy
Dr. Orphe Divounguy is a Senior Economist on Zillow’s Economic Research team, where he analyzes housing market data to identify emerging trends. His prior work centered on quantitative methods for evaluating the impact of economic policy. Dr. Divounguy earned his Ph.D. in economics from the University of Southampton, conducting research on how trading delays shape market participants’ search strategies and influence market prices.
