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U.S. Housing Market is Short by 3.3M Units: Freddie Mac

According to a new research report by Freddie Mac, the U.S. housing market is undersupplied by an estimated 3.3 million units, a shortage that’s rising by roughly 300,000 units annually. So reports Yahoo Finance.

!--more-->Sam Hakter, chief economist at Freddie Mac, wrote that “more than half of all states have a housing shortage.”

“You can't buy what's not for sale,” said Mark Fleming, First American’s chief economist.

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