Realtor.com Senior Economist Joel Berner will anchor the Boston activation on September 23rd, providing a data-driven look at the inventory gap. While Boston’s housing market shows signs of life—active listings rose 15% year-over-year in August—supply remains well below pre-pandemic levels. Despite the increase in available homes, sellers remain firm on pricing. Only 14.8% of listings in the metro area saw price reductions, significantly lower than the 20.4% national average. With a median list price of $795,000, buyers are finding more breathing room than in previous years, yet the market remains constrained by a lack of new construction. The campaign, which includes participants such as Zillow Group, the National Association of Homebuilders, and Habitat for Humanity, intends to move beyond rhetoric by advocating for specific local policy changes that facilitate building across the country.
Let America Build Campaign Targets Boston’s Housing Shortage
A coalition of industry leaders is launching the Let America Build initiative in Boston this Wednesday, aiming to confront the national housing supply deficit of 4.03 million homes. The campaign seeks to pivot local policy discussions toward the urgent necessity of expanding residential construction to address ongoing affordability challenges.
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