[kennethh]

The number of housing units in the United States has been growing year on year and in 2021, there were approximately 142 million housing units in the United States. 1.43 million is the average annual new house starts since 1959. Houses sold is around 6 million so only 25% of the sales are new houses. Lack of building is probalby no the main reason. If the interest rates was 8-10%+ a few million houses would come for sale. With low interrest rates many people would rather have more houses than they need to protect against inflation.