We're 4 Million Housing Units Short—How Supply Gaps Look Across America

The U.S. housing market is short nearly 4 million homes, pushing prices and rents to new heights and making homeownership increasingly out of reach. Despite record-high home completions in 2024, it could still take decades to close the supply gap—especially in the Northeast and Midwest, where progress is painfully slow. In this episode, we break down why the housing shortage persists, which regions are making the most progress, and how Realtor.com’s new “Let America Build” campaign aims to cut red tape and speed up construction. Can policymakers fix the crisis, or will affordability continue to slip away? Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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The real estate industry changes daily, but you don’t need hours of research to stay ahead of the curve. In just fifteen minutes every morning, BiggerPockets Daily gives you the key insights, news, and strategies you need to stay informed and invest smarter. From mortgage rate updates to breaking news stories, changing housing laws, and more, BiggerPockets Daily delivers what you need to know.