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U.S. Housing Shortage: 2 to 8 Million Homes Needed

2/5/2026

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Story summary
  • The United States faces a significant housing shortage, with estimates from Moody's, Goldman Sachs, Zillow, Brookings, McKinsey, and congressional Republicans showing a wide range, underscoring the urgency to address the crisis.
  • Moody's projects over 2 million homes are needed.
  • Goldman Sachs estimates 3 million.
  • Zillow projects more than 4 million, Brookings projects 5 million, and McKinsey projects 8 million.