Eric Allen Share Salt Lake Housing Market Trends

A new study shows there’s not enough housing to meet the needs of Salt Lake’s growing communities.

Eric Allen is the director for Metrostudy for the Utah-Idaho region.

Allen studies the market conditions for the Salt Lake Valley. In his latest report, he concluded that in 2016, a growing demand for homes, coupled with low inventory due to a labor shortage is driving prices up.

Read the full article and watch the video on Fox 13 Salt Lake City here.