The Oxnard-Thousand Oaks-Ventura metro area ranked first as experiencing the worst housing shortage in the United States, beating out Los Angeles, San Francisco, New York, and other big metros across the country.
with a shortage of 980,000 homes, followed by Texas with 322,000 homes, Florida with 289,000 homes and New York with 234,000 homes.
The median listing price advanced by 15.9% over last year, continuing an upward trend at a double-digit yearly pace for a 30th consecutive week. However, listing price growth is on a downward trend, moving below the pace seen in late May and early June. Realtor.com expects to see home price growth continue ease in the coming weeks and slow in the second half of 2022.
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