Unfortunately, there is a paucity of data on the operations of the HDC, making it difficult to determine whether the housing application situation has worsened or improved since 2009. This lack of data extends to information on the demand/supply dynamics related to new housing units.
Estimates from the Bank’s Research Department suggest that Trinidad and Tobago began this decade with a housing shortage overhang of around 50,000 units. With continued strong growth in annual housing demand and a significant slowdown in supply, the housing situation is likely to worsen in the future.