At Centersource Technologies AB we are committed to the highest standards of ethical research and data integrity, guided by the ESOMAR Code of Conduct. Our data is sourced from a limited, anonymous market survey conducted with trusted and established industry participants. The insights derived from this survey reflect aggregated finalized prices as well as observed prices reported within the participants respective markets, with a focus on the highest prices recorded during the first two weeks of each month. These insights are provided for informational purposes only and are intended to indicate market trends rather than serve as comprehensive or fully representative market data.

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    We exclusively use data from government, customs, or government-affiliated websites to maintain reliability and public integrity. In addition, we engage directly with industry experts to gather real-time, firsthand information. Each data point is collected, verified, and aggregated following established ethical standards, ensuring that our research processes meet the rigor recommended by ESOMAR.
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    All data are published promptly as they become available from the source, ensuring that our insights remain current and reflective of on-ground market dynamics. We actively seek and incorporate regular feedback from industry experts, which allows us to make real-time adjustments and continuously improve the accuracy and reliability of our data.
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By integrating ESOMAR's ethical guidelines into our research methodology, we ensure that our practices are transparent, respectful of data confidentiality, and aligned with internationally recognized standards. This commitment not only reinforces the credibility of our insights but also builds trust with our stakeholders and industry partners.

Government faces a huge apartment supply shortage of 328,000 as housing demand soars

Posted on October 7, 2021   |  

  • The U.S. needs to build an average of 328,000 apartments per year to keep up with the demand of 4.6 million apartments by 2030 and only 186,200 new apartments were built in 2013
  • The slump in the housing market and the economic slowdown have halted the construction of apartments, creating a huge shortage.
  • The changing lifestyle choices and demographic shifts boosted the apartment demand in which 80 million millennials will create 25 million households, favoring rental housing.
  • Regulations, municipal mandates, zoning requirements drive cost escalation and development, worsening market-driven rent increases is also a big reason for high apartment demand.