The National Housing Deficit Stopped Getting Worse in 2024, Holding at 4.7 Million
A construction boom helped hold the deficit nearly flat in 2024, growing by just 43,000 homes, the smallest increase in years
Zillow research tracks housing inventory by analyzing the number of active listings and newly available homes on the real estate market. Explore data-driven insights on how changing supply levels affect buyer competition, days on market, and overall balancing trends across different regions.
The National Housing Deficit Stopped Getting Worse in 2024, Holding at 4.7 Million
A construction boom helped hold the deficit nearly flat in 2024, growing by just 43,000 homes, the smallest increase in years