"But make no mistake, this is a national problem. In fact, President Donald Trump recently put pressure on homebuilders to increase construction nationwide, given the issues with construction in the country. In a post on his Truth Social platform in early October, he accused major builders of hoarding lots to prop up prices-likening them to OPEC, which restricts oil output to maintain high prices."
"In a post on his Truth Social platform in early October, he accused major builders of hoarding lots to prop up prices-likening them to OPEC, which restricts oil output to maintain high prices. "They're my friends ... but now, they can get Financing, and they have to start building Homes. They're sitting on 2 Million empty lots, A RECORD," Trump wrote. He urged Fannie Mae and Freddie Mac to intervene and "get Big Homebuilders going" to "restore the American Dream.""
North Dakota's housing market earned a C with a total score of 49.0, reflecting a balance between affordability and limited construction. The median listing price was $359,034 in 2024 and median household income was $73,489, producing a Realtors Affordability Score of 0.73 and indicating many listings remain attainable for middle-income buyers. Construction activity is muted: the state accounted for 0.2% of housing permits in 2024, matching its population share and yielding a permit-to-population ratio of 1.0. Modest building activity and a limited labor force constrain growth, echoing national concerns and calls for increased construction and policy interventions.
Read at SFGATE
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