The report states that the number of renter households fell for the second consecutive year in 2018, a stark contrast to the increases the prior 12 years. However, rents are rising at twice the rate of overall inflation. The report states that the numberof renter households fell for the second consecutive year in 2018,a stark contrast to the increases the prior 12 years. However,rents are rising at twice the rate of overall inflation.

CAMBRIDGE, MA—A recently released report by the Harvard JointCenter for Housing Studies states that household growth is now backfrom post-recession lows, but new home construction continues tofall short of demand.

The “State of the Nation's Housing 2019″ report released earlierthis week at the Federal Reserve Bank of Atlanta found severalfactors that may be contributing to the slow construction recovery,including excess supply following the housing boom, which tookyears to absorb, and persistent labor shortages.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.