A recent Realtor.com report revealed that the gap between single-family home constructions and household formations increased to 6.5 million homes between 2012 and 2022. The ratio of new household formation to housing starts was 0.75 last year.
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A recent Realtor.com report revealed that the gap between single-family home constructions and household formations increased to 6.5 million homes between 2012 and 2022. The ratio of new household formation to housing starts was 0.75 last year.
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