Do we have a housing bubble or housing shortage?

Market analyst and wealth advisor Ben Carlson does a great job summarizing all relevant housing stats right now into the conclusion noted below.

This piece is a must-read for anyone following housing, but as a home buying consumer, don’t forget: macro stats help us assess overall market health, opportunity, and risk. But buying a home is all about your own budget, time horizon, and hyper-local (like city, neighborhood, and street level) market dynamics. Set your property investment strategy with analysis you do with real estate and lending pros, not with headlines.