US housing supply reaches nearly 40-year low

The coronavirus pandemic has exacerbated the severe housing supply shortage in the U.S., with the number of homes on the market reaching historic lows. At the end of July, the National Association of Realtors found that there were 1.3 million single-family homes on the market, the lowest figure for any July since 1982, the Wall Street Journal reported. And in the week ending Sept. 12, the number of available homes was down 29.4 percent from

source https://therealdeal.com/2020/09/21/us-housing-supply-reaches-nearly-40-year-low/