---
title: Housing Starts Fail to Keep Pace with Household Formation
description: Between 2012 and 2019, 9.8 million new households were formed while only 5.9 million single-family homes were built, according to Realtor.com.
---

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# [Housing Starts Fail to Keep Pace with Household Formation](https://www.nationalinvestornetwork.com/financials/housing-starts-fail-to-keep-pace-with-household-formation)

 Written by [Jeff Mindham](https://www.nationalinvestornetwork.com/financials/author/jeff-mindham) | Jan 24, 2020 2:45:35 AM

Between 2012 and 2019, 9.8 million new households were formed while only 5.9 million single-family homes were built, according to Realtor.com. Even though new housing starts are increasing, it will take home builders 4 to 5 years to make up the almost[ 4 million home deficit](https://www.cnbc.com/2020/01/21/housing-market-falling-short-by-nearly-4-million-homes-as-demand-grows.html) and get back in balance with the market.

“The current inventory crisis and the need for 3.8 million new homes means a nearly insatiable appetite from potential buyers, especially in the lower end of the market,” said Javier Vivas, director of economic research at Realtor.com

[View full post](https://www.nationalinvestornetwork.com/financials/housing-starts-fail-to-keep-pace-with-household-formation)

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