TMLS Market update for January; 2019

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National residential new home sales for November; 2018

https://www.census.gov/construction/nrs/pdf/newressales.pdf

Affordable housing, not just an RTP issue!

Dwelling Deficiency

With San Francisco Bay Area housing prices in the stratosphere, the private sector is now planning to raise $500 million for affordable housing. Assuming affordable housing costs $400,000/unit, this will create just 1,250 units! The real problem: since 2010 the region has gained 700,000 jobs and built just over 100,000 units! Worse, since 1990 the most homes built in any year has never exceeded 27,500. 45,000 units/year is what’s needed.

SHARE THIS:
Elliot F. Eisenberg, Ph.D.
GraphsandLaughs, LLC
elliot@graphsandlaughs.net
Cell: 202.306.2731
http://www.econ70.com

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Case Shiller House Price index for November; 2018

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National home sales metrics for December; 2018

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TMLS market update for December; 2018

National home builder sentiment index for January; 2019

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