Trump Promised More Homes. Has America’s Housing Supply Improved?
Summary
President Donald Trump promised to improve the housing supply and make homeownership easier when he returned to office in January 2025. After nearly a year, the number of homes for sale has increased a bit, mainly because homes are selling more slowly and fewer new houses have been built. Overall, construction of new single-family homes remains low, and the housing shortage still exists.Key Facts
- President Trump aimed to tackle housing affordability through deregulation, more home building, and immigration enforcement.
- One year after his return, the housing supply has increased slightly but mainly due to slower sales, not more new homes.
- Single-family home construction declined to the lowest level in over three years.
- The housing shortage in the U.S. is estimated between 2.8 million and 10 million homes.
- In January 2025, there were about 1.4 million homes for sale; by December, this rose slightly to about 1.47 million.
- New home listings decreased slightly over the year, indicating less new housing entering the market.
- Building permits, housing starts, and completions stayed mostly flat throughout 2025, showing no big increase in housing construction.
- High mortgage rates and rising home prices have kept many buyers from purchasing homes, slowing the market.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
