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Record Low New Home Sales and Construction Inventory

Pro Builder

Record Low New Home Sales and Construction Inventory. Wed, 10/27/2021 - 09:57. After a boom in new home sales during the first months of the pandemic, rates are steadily declining year-over-year with an inventory supply just above the record low of 33 thousand, according to the CalculatedRisk Newsletter. Sales of new single?family

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New Home Sales Slow as Inventory Begins Upward Climb

Pro Builder

New Home Sales Slow as Inventory Begins Upward Climb. below the June 2021 estimate of 714,000, according to the CalculatedRisk Newsletter. The inventory of homes under construction is still historically high at 306,000 units, but more homes are being completed as sales slow nationwide. Wed, 07/27/2022 - 10:34.

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New Home Sales Slowed in March Despite Increased Inventory

Pro Builder

New Home Sales Slowed in March Despite Increased Inventory. below the March 2021 estimate of 873,000. . months in February, but total inventory also includes new homes under construction as well as those not yet started, the share of which is at a record high 105 thousand. Thu, 04/28/2022 - 10:27. months in March from 5.6

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Economic Outlook 2021

Pro Builder

Economic Outlook 2021. Fri, 06/18/2021 - 07:00. Strong buyer demand despite higher home prices, shrinking inventory, a spike in lumber prices, and continuing supply chain issues are just some of the factors in play for the home building industry in 2021. National Association of Home Builders.

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Low Inventory Slows New Home Sales at the Close of 2021

Pro Builder

Low Inventory Slows New Home Sales at the Close of 2021. Mon, 12/27/2021 - 10:19. Though sales of single-family houses are rising on a monthly basis, November 2021 rates were down 14 percent year-over year at a seasonally adjusted annual rate of 744,000, according to the CalculatedRisk Newsletter. This is 12.4

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2021 Housing Giants Report: An Unforgettable Forgettable Year

Pro Builder

2021 Housing Giants Report: An Unforgettable Forgettable Year. Mon, 12/06/2021 - 12:00. SEE THE LIST: 2021 Housing Giants Ranked List. With that, home sales and construction spending were up, while prices were holding steady thanks to about six months of inventory. By July, estimated annual permits were back to 1.54

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How the Skilled Labor Shortage Is Slowing New Home Development

Pro Builder

Tue, 11/09/2021 - 09:33. A national shortage of skilled construction labor is prolonging a housing crisis defined by low inventory and affordability. The NAHB is estimating that 740,000 workers will need to be hired each year for the next three years to keep up with market demand.