In early 2024, new record highs were reported for home prices, highlighting the ongoing challenges in the housing market. A recent Harvard study revealed that new construction projects are struggling to effectively address the issue of housing affordability, despite efforts to increase housing supply.

Key points from the article:
– Record highs for home prices reported in early 2024
– Harvard study finds that new construction is not effectively addressing housing affordability challenges
– Ongoing struggle in the housing market to provide affordable housing options
– The need for innovative solutions to tackle the issue of housing affordability in the current market landscape

For more information, you can access the full article here: “Harvard Study: New Construction Barely Addresses Housing Affordability Challenges” on Weekly Real Estate News.

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