The number of housing units added to the housing stock in New York-Newark-Jersey City in 2022 and 2023 was ****** short of the number of new households formed that year. Meanwhile, the number of net additions to the housing stock in the metro area of Los Angeles fell short of the number of households both years. Meanwhile, the metropolitan areas of Dallas, Atlanta, Phoenix, and San Francisco among others had enough housing units added to its stock to meet the new demand.

Between 1968 and 2023, there had been over six million housing unit completions more than new households formed in the United States. That means that throughout that period the number of homes and apartments completed increased at a faster pace than the number of households, indicating no deficit. However, if only completions of single-family homes were considered, there was a housing deficit. From 1969 to 2023, there were roughly 16 million less single-family homes completed than new households were formed. Those figures do not include the number of housing units demolished, and therefore do not reflect the exact housing shortage, as some of those homes completed might not exist anymore due to demolitions or natural disasters.

In October 2015, Mayor Garcetti released Executive Directive 13, Support for Affordable Housing (ED 13). ED 13 is a “Back to Basics” operational directive that helps streamline the development of critical new housing developments that address our housing shortage. This dataset tracks the City's progress towards the goals outlined in the directive: (1) Permitting 100,000 new units from the start of Mayor Garcetti's administration through the end of fiscal year 2021, and (2) Building or preserving 15,000 affordable housing units for low-income households in this same time period.

Context

Data augmentation for housing prices

Content

US Housing Data for 2008-2009 (pre crisis and crisis year) to predict housing prices more accurate

Inspiration

Housing price prediction competition on Kaggle

Most regions in France had more housing starts than new households formed in 2023. Corsica, Hauts-de-France, Occitania, and Nouvelle-Aquitaine were the only regions that had fewer construction starts of housing units than households formed between 2015 and 2023. That could signal that there was not enough housing supply in those regions.

Affordable Housing Market Outlook

According to our latest research, the affordable housing market size reached USD 69.2 billion globally in 2024, driven by rapid urbanization, supportive government policies, and rising demand for cost-effective housing solutions. The market is projected to expand at a robust CAGR of 6.1% from 2025 to 2033, reaching an estimated USD 117.4 billion by the end of the forecast period. The growth is primarily attributed to increasing urban migration, widening income disparities, and a surge in public and private investments aimed at addressing the global housing deficit. As per our latest research, the affordable housing sector is undergoing significant transformation as stakeholders focus on innovative construction methods, sustainable materials, and digital technologies to streamline project delivery and reduce costs.

One of the primary growth drivers for the affordable housing market is the escalating rate of urbanization, particularly in emerging economies. Urban populations are swelling at an unprecedented pace, with millions migrating to cities in search of better employment opportunities and improved living standards. This mass migration has led to a surge in demand for affordable, quality housing, placing immense pressure on urban infrastructure and local governments. Consequently, both public and private sector players are ramping up investments in affordable housing projects, leveraging innovative financing models and partnerships to bridge the housing gap. Furthermore, the emergence of smart city initiatives and sustainable urban planning is fostering the development of integrated, affordable housing solutions that cater to the diverse needs of low- and middle-income populations.

Another significant factor propelling the affordable housing market is the increasing involvement of governments and international organizations in addressing the global housing crisis. Numerous policy interventions, such as subsidies, tax incentives, and relaxed regulatory frameworks, are being introduced to stimulate the supply of affordable homes. Governments are also collaborating with private developers through public-private partnerships (PPPs) to expedite project execution and ensure long-term sustainability. Additionally, multilateral agencies and non-governmental organizations are providing technical and financial assistance to support large-scale affordable housing initiatives, particularly in regions with acute housing shortages. These concerted efforts are not only enhancing access to affordable housing but also fostering socio-economic development and reducing urban poverty.

Technological advancements in construction methods and materials are further accelerating the growth of the affordable housing market. The adoption of modular and prefabricated construction techniques is enabling developers to deliver high-quality housing units at lower costs and within shorter timeframes. These innovative approaches are also contributing to improved energy efficiency, reduced environmental impact, and enhanced structural durability. Moreover, the integration of digital technologies, such as Building Information Modeling (BIM) and project management software, is streamlining the design, planning, and execution of affordable housing projects. As a result, stakeholders are increasingly embracing technology-driven solutions to optimize resource utilization, minimize risks, and ensure compliance with stringent regulatory standards.

From a regional perspective, Asia Pacific continues to dominate the affordable housing market, accounting for the largest share in 2024, followed by North America and Europe. The region's rapid urbanization, burgeoning population, and proactive government policies are driving significant investments in affordable housing infrastructure. Countries such as China, India, and Indonesia are at the forefront, implementing ambitious housing schemes and leveraging innovative construction technologies to address the growing demand. Meanwhile, developed regions like North America and Europe are witnessing renewed interest in affordable housing, fueled by rising property prices, income inequality, and shifting demographic trends. Latin America and the Middle East & Africa are also emerging as promising markets, supported by favorable regulatory environments and increased foreign direct investments.

Affordable Housing Market Analysis The global affordable housing market is projected to reach $1,983.52 billion by 2033, exhibiting a CAGR of 4.71% from 2025 to 2033. The rising population, urbanization, affordability crisis, and supportive government policies are the primary drivers fueling market growth. The increasing demand for affordable single-family homes, multi-family units, and townhouses, coupled with the adoption of innovative construction methods like prefabrication, 3D printing, and sustainable construction, are key trends shaping the market. The market faces restraints such as escalating land and construction costs, regulatory challenges, and the shortage of skilled labor. Nevertheless, the emergence of crowdfunding platforms and non-profit organizations providing financial assistance, as well as government subsidies and tax incentives, are expected to mitigate these constraints. The market is segmented based on housing type, funding source, construction method, and target demographics. D.R. Horton, Taylor Morrison, PulteGroup, Zillow, Hovnanian Enterprises, and Lennar Corporation are notable companies in the global affordable housing market, with operations in key regions like North America, Europe, and Asia Pacific. Recent developments include: Recent developments in the Affordable Housing Market have highlighted the urgent need for innovative housing solutions as governments and organizations strive to address the growing housing crisis exacerbated by economic challenges and population growth. Various nations are prioritizing policies that encourage public-private partnerships to stimulate investment in affordable housing initiatives. Additionally, the integration of sustainable building practices and smart technologies is gaining traction as stakeholders aim to improve energy efficiency while reducing construction costs. Recent collaborations among international entities and local governments focus on leveraging funding for housing projects, particularly in urban areas where demand is surging. Moreover, rising material costs and labor shortages are prompting stakeholders to explore alternative building materials and methods, including modular construction and 3D printing, to streamline processes. These trends underscore a collective commitment to creating equitable housing opportunities while navigating the complexities of market dynamics, aiming for significant progress by 2032. Overall, this evolving landscape reflects a concerted effort to promote affordability, sustainability, and accessibility in housing worldwide.. Key drivers for this market are: Green building technologies adoption Public-private partnerships expansion Innovative financing solutions development Urban regeneration projects implementation Digital platforms for housing access. Potential restraints include: rising urbanization, government initiatives; increasing housing demand; socioeconomic disparities; affordable financing options.

The U.S. housing market has seen significant price growth since 2011, with the median sales price of existing single-family homes reaching a record high of ******* U.S. dollars in 2024. This represents a substantial increase of ******* over the past five years, highlighting the rapid appreciation of home values across the country. The trend of rising prices can also be observed in the new homes sold. Regional variations and housing shortage While the national median price provides a broad overview, regional differences in home prices are notable. The West remains the most expensive region, with prices twice higher than in the more affordable Midwest. This disparity persists despite efforts to increase housing supply. In 2024, approximately ******* building permits for single-family housing units were granted, showing a slight increase from previous years but still well below the 2005 peak of **** million permits. The ongoing housing shortage continues to drive prices upward across all regions. Market dynamics and future outlook The number of existing home sales has plummeted since 2020, reflecting the growing cost of homeownership. Factors such as high home prices, unfavorable economic conditions, and aggressive increases in mortgage rates have contributed to affordability challenges for many potential homebuyers. Despite these challenges, forecasts suggest a potential recovery in the housing market by 2025, though transaction volumes are expected to remain below long-term averages.

Graph and download economic data for Monthly Supply of New Houses in the United States (MSACSR) from Jan 1963 to May 2025 about supplies, new, housing, and USA.

D.C.'s median rent for a one bedroom apartment stands at $2,495, significantly higher than the national median rent of approximately $1,567. Click on different U.S. cities to see the median rent for a one bedroom apartment2.The map on the left side shows the percentage of people by census tract that are considered "cost burdened" by housing costs, by paying 30% or more of their household income on rent and utilities3. The map on the right side shows the median household income by census tract4. You can click on the "list" icon in the lower left corner to see the map legend, and meanings of map symbology. Areas that are cost burdened are often areas with the lowest median household incomes. There are also areas in wards where median incomes are high, but the cost of living is also high, leading to a greater cost burden.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Interest Rates, High Prices, and Inventory Shortage to Slow Down Housing Market

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

The United States home construction market, valued at approximately $700 billion in 2025, is experiencing robust growth, projected to maintain a compound annual growth rate (CAGR) exceeding 3% through 2033. This expansion is fueled by several key factors. Firstly, a persistent housing shortage, particularly in desirable urban areas like New York City, Los Angeles, and San Francisco, continues to drive demand. Secondly, favorable demographic trends, including millennial household formation and an increasing preference for homeownership, are bolstering the sector. Furthermore, low interest rates (though this is subject to change depending on economic conditions) have historically made mortgages more accessible, stimulating construction activity. However, the market isn't without its challenges. Rising material costs, labor shortages, and supply chain disruptions continue to exert upward pressure on construction prices, potentially impacting affordability and slowing growth in certain segments. The market is segmented by dwelling type (apartments & condominiums, villas, other), construction type (new construction, renovation), and geographic location, with significant activity concentrated in major metropolitan areas. The dominance of large national builders like D.R. Horton, Lennar Corp, and PulteGroup highlights the industry's consolidation trend, while the growth of multi-family construction reflects shifting urban preferences. Looking ahead, the market's trajectory will depend on macroeconomic factors, interest rate fluctuations, government policies impacting housing affordability, and the ability of the industry to address supply-chain and labor challenges. Innovation in construction technologies, sustainable building practices, and prefabricated homes are also emerging trends expected to significantly influence market dynamics over the forecast period. The competitive landscape is characterized by a mix of large publicly traded companies and smaller regional builders. While established players dominate the market share, opportunities exist for smaller firms specializing in niche markets, such as sustainable or luxury home construction, or those focused on specific geographic areas. The ongoing expansion of the market signifies significant potential for investment and growth, despite the hurdles currently impacting the sector. Addressing supply chain disruptions and labor shortages will be crucial for sustained growth. Continued demand in key urban centers and evolving consumer preferences toward specific dwelling types will be critical factors determining the market's future trajectory. Recent developments include: June 2022 - Pulte Homes - a national brand of PulteGroup, Inc. - announced the opening of its newest Boston-area community, Woodland Hill. Offering 46 new construction single-family homes in the charming town of Grafton, the community is conveniently located near schools, dining, and entertainment, with the Massachusetts Bay Transportation Authority commuter rail less than a mile away. The collection of home designs at Woodland Hill includes three two-story floor plans, ranging in size from 3,013 to 4,019 sq. ft. with four to six bedrooms, 2.5-3.5 baths, and 2-3 car garages. These spacious home designs feature flexible living spaces, plenty of natural light, gas fireplaces, and the signature Pulte Planning Center®, a unique multi-use workstation perfect for homework or a family office., December 2022 - D.R. Horton, Inc. announced the acquisition of Riggins Custom Homes, one of the largest builders in Northwest Arkansas. The homebuilding assets of Riggins Custom Homes and related entities (Riggins) acquired include approximately 3,000 lots, 170 homes in inventory, and 173 homes in the sales order backlog. For the trailing twelve months ended November 30, 2022, Riggins closed 153 homes (USD 48 million in revenue) with an average home size of approximately 1,925 square feet and an average sales price of USD 313,600. D.R. Horton expects to pay approximately USD 107 million in cash for the purchase, and the Company plans to combine the Riggins operations with the current D.R. Horton platform in Northwest Arkansas.. Notable trends are: High-interest Rates are Negatively Impacting the Market.

The United States manufactured homes market is experiencing robust growth, driven by increasing affordability concerns and a persistent housing shortage. With a Compound Annual Growth Rate (CAGR) exceeding 5% and a market size exceeding a billion dollars (estimating a market size based on typical CAGR and reported market values for similar sectors), the sector is poised for significant expansion between 2025 and 2033. Key market drivers include the rising demand for affordable housing options, particularly among first-time homebuyers and lower-income families, coupled with the relative speed and efficiency of manufactured home construction compared to traditional site-built homes. Furthermore, advancements in manufacturing techniques and design aesthetics are enhancing the appeal and perceived quality of manufactured homes, thereby attracting a broader range of buyers. The market is segmented into single-family and multi-family units, with single-family homes currently dominating the market share. Leading players such as Morton Buildings Inc., Skyline Champion Corporation, and others are continuously innovating to improve energy efficiency, incorporate smart home technology, and offer diverse customization options to cater to evolving consumer preferences. Despite the positive growth trajectory, challenges remain. These include fluctuating raw material costs, potential regulatory hurdles regarding building codes and zoning regulations, and the ongoing perception among some consumers that manufactured homes are inferior to site-built homes. Addressing these concerns through industry-wide efforts towards improved quality control, enhanced marketing strategies, and active lobbying for favorable regulatory changes will be crucial for sustaining the market's long-term growth. The increased adoption of sustainable building practices and the integration of technological advancements will also play a significant role in shaping the future of this dynamic market. The forecast period of 2025-2033 suggests continued expansion fueled by persistent housing needs and the increasing attractiveness of manufactured housing as a viable and affordable alternative. Recent developments include: July 2022: The Factory Expo Home Centers are situated at 12 Skyline Champion manufacturing plants around the United States. Champion Retail Housing, a subsidiary of Skyline Champion Corporation, agreed with Alta Cima Corporation to purchase the assets and take over the management of the Factory Expo Home Centers., May 2022: Champion Home Builders purchased nearly all of the operating assets of Manis Custom Builders Inc. and related companies (collectively, "Manis"), located in Laurinburg, NC, for about USD 10 million. This acquisition led to the addition of a 250,000 square foot campus in Laurinburg and Manis' retail location to its existing North Carolina campuses.. Key drivers for this market are: Increasing demand for prefab buildings, Surge in demand from residential segment. Potential restraints include: Lack of knowledge about modular building, Unreliability of modular building in earthquake-prone areas. Notable trends are: States in the US Spending the Most on Manufactured Housing.

The number of homes added to the housing stock in South and North Holland was higher than the number of new households in those regions in 2023. However, between 2012 and 2023, there were 106,111 fewer homes added to the housing stock than households formed in South Holland, with that housing shortage being 83,905 in North Holland. Those were the regions with the highest housing shortages.

Mobile Home Rental Market Outlook

The global mobile home rental market size was valued at USD 9.3 billion in 2023, and it is projected to reach USD 17.8 billion by 2032, growing at a CAGR of 7.5% during the forecast period. The growth of this market is driven by the increasing demand for affordable housing solutions and the rising trend of mobile living among different demographics. As urbanization continues to increase and housing prices soar, mobile homes present a viable and cost-effective alternative to traditional housing. The flexibility, affordability, and customization options associated with mobile homes have made them an attractive choice for many, thereby fueling the growth of the rental segment.

One of the primary growth factors for the mobile home rental market is the rising affordability crisis in urban housing. As property prices continue to skyrocket in major cities around the world, more individuals and families are turning to mobile homes as a practical solution. Mobile homes offer a lower cost of living, reduced maintenance expenses, and the ability to relocate easily, making them an appealing option for those who face financial constraints. Additionally, mobile homes are increasingly being designed with modern amenities and high-quality materials, improving their appeal and livability.

Another significant growth driver is the increasing acceptance and popularity of mobile home parks. These parks provide a community-based living environment with amenities such as recreational facilities, security, and maintenance services. This community aspect, combined with the affordability of mobile homes, attracts a diverse range of renters, from young professionals to retirees. Moreover, governments in various regions are also supporting the development of mobile home parks to address the housing shortage, further boosting the market.

The growing trend of minimalistic and sustainable living is also contributing to the market's expansion. Many individuals are prioritizing smaller, eco-friendly living spaces that reduce their carbon footprint. Mobile homes, which often employ sustainable building practices and materials, cater to this demographic. The ability to downsize and live a more sustainable lifestyle without sacrificing comfort is a strong selling point for mobile homes, increasing their popularity among environmentally conscious renters.

Regionally, North America holds the largest share of the mobile home rental market due to the high demand for affordable housing solutions and the presence of well-established mobile home communities. Europe is also witnessing significant growth, driven by similar affordability concerns and an increasing preference for flexible living options. Asia Pacific is expected to exhibit the highest CAGR during the forecast period, fueled by rapid urbanization, population growth, and government initiatives supporting affordable housing. Latin America and the Middle East & Africa regions are also showing promising growth potential, albeit at a slower pace.

Type Analysis

The mobile home rental market can be segmented by type into Single-Wide, Double-Wide, and Triple-Wide homes. Single-Wide mobile homes are the most traditional and common type, featuring a narrow and elongated structure that is easy to transport and set up. These homes are highly popular among individual renters and small families due to their affordability and simplicity. Despite their smaller size, many single-wide homes are equipped with modern amenities, making them a comfortable living option. The demand for single-wide homes remains strong, particularly in regions where affordable housing is scarce.

Double-Wide mobile homes consist of two sections that are joined together to create a larger living space. These homes offer more interior space and design flexibility compared to single-wide models, catering to families and individuals who require more room. The growing preference for spacious living environments without the high costs associated with traditional homes is driving the demand for double-wide mobile homes. Additionally, double-wide homes often feature more advanced amenities and higher quality finishes, further enhancing their appeal.

Triple-Wide mobile homes represent the largest and most luxurious segment within the mobile home rental market. These homes consist of three joined sections, providing a spacious and comfortable living environment that can rival traditional houses. Triple-wide homes are designed to offer maximum comfort and luxury, often featuring multiple bedrooms, large kitchens,

This information was complied from the Australian Bureau of Statistics in Partial fullfilment of Coursework for the Master of Data Science taught at UNSW

Household income and wealth Australia, Building Activity Australia, Affordable Housing Database, National and Regional House Price Indices, Population Projections, Lending Indicators

Household income and wealth Australia ->https://www.abs.gov.au/statistics/economy/finance/household-income-and-wealth-australia/latest-release, Affordable Housing Database ->http://www.oecd.org/social/affordable-housing-database.htm, National and Regional House Price Indices ->https://stats.oecd.org/Index.aspx?DataSetCode=RHPI_TARGET, Population Projections ->https://stats.oecd.org/Index.aspx?DataSetCode=POPPROJ, Lending Indicators ->https://www.abs.gov.au/statistics/economy/finance/lending-indicators/apr-2021

The North American modular housing market, valued at $24.97 billion in 2025, is poised for robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 6.99% from 2025 to 2033. This expansion is driven by several key factors. Increasing demand for affordable housing, particularly in urban centers facing housing shortages, fuels the market's ascent. Furthermore, the inherent efficiency and sustainability of modular construction, leading to faster build times and reduced waste, are significant attractors for both developers and consumers. Government initiatives promoting sustainable building practices and affordable housing solutions further bolster market growth. The market is segmented by housing type, with single-family and multi-family units representing distinct but interconnected segments. The single-family segment currently holds a larger market share, reflecting established consumer preferences, but the multi-family segment is projected to experience faster growth due to increasing urbanization and rental demand. Leading companies like Skyline Corporation, Clayton Homes, and others are driving innovation and expansion within the industry, leveraging technological advancements to enhance construction methods and design capabilities. The preference for customizable designs and improved aesthetics is also contributing to rising adoption rates. Growth will likely be concentrated within the US, given its larger housing market and the increasing adoption of modular techniques. However, Canada and Mexico are expected to contribute to regional growth, though at potentially slower paces relative to the United States. Potential restraints include regulatory hurdles related to building codes and zoning regulations, as well as the perception of modular housing as less aesthetically pleasing compared to traditional construction. However, ongoing innovations in design and materials are mitigating these concerns, paving the way for sustained market expansion throughout the forecast period. The continued focus on sustainability, coupled with technological advancements and supportive government policies, suggests that the North American modular housing market will remain a dynamic and lucrative sector in the coming years. Recent developments include: April 2022: Clayton Homes, a national builder of both off-site and on-site homes, showed off its first single-section CrossMod home at the Manufactured Housing Institute's Congress & Expo. This gives another group of homebuyers and locations a new affordable housing option., January 2022: Volumetric Building Companies (VBC), one of the largest multifamily volumetric modular and components businesses in the United States, announced a merger with Polcom Group (Polcom), a premium steel modular building and custom furniture manufacturing conglomerate for the hospitality market. By combining VBC's innovative wood construction technology with Polcom's advanced steel modular system, the deal will change the way people build things. The Polycom merger comes right after VBC bought the assets of Katerra Inc., which included its offices and state-of-the-art manufacturing facility in Tracy, CA.. Notable trends are: Increase in Prefabricated Housing Market in North America.

Housing Starts in the United States increased to 1321 Thousand units in June from 1263 Thousand units in May of 2025. This dataset provides the latest reported value for - United States Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.