2002 Construction Development Inventory 
Housing Wire
MARCH 23, 2023
If there’s one sector of the economy that benefits from the very low levels of total housing inventory , it’s the homebuilders , but for a reason you might not think. If national housing inventory were back to normal, we would have 2 to 2.5 Census Bureau and the Department of Housing and Urban Development. percent (±15.3
Housing Wire
JULY 26, 2022
This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. We talked about this in March , and even last year, when I wrote about the problem with the housing construction boom premise. “I don’t expect a boom in housing construction.
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Housing Wire
MARCH 23, 2022
Second, because of the downtrend in inventory since 2014 and the demand pick-up we will see in the years 2020-2024, we had a risk of home prices accelerating too much. Census Bureau and the Department of Housing and Urban Development. months and above, the builders will pull back on construction. The only risk to that 6.2
Housing Wire
SEPTEMBER 26, 2023
That’s right — for all the hype of massive housing inventory coming from the builders, today we sit here still trying to work back to pre-COVID-19 levels with just 76,000 completed homes ready to be moved. Census Bureau and the Department of Housing and Urban Development. months, the builders will pause construction.
Housing Wire
JUNE 24, 2022
Census Bureau and the Department of Housing and Urban Development. Census: For Sale Inventory and Months’ Supply The seasonally?adjusted Five months of the supply are homes in construction. That is a high level, and two months of the supply hasn’t started construction yet, and a whopping 0.68 This is 10.7 percent (±18.9
Housing Wire
MAY 24, 2022
Census Bureau and the Department of Housing and Urban Development. As you can see, sales levels were never elevated like what we saw from 2002-2005. This housing cycle is and will always be based on real demand, versus the credit boom we saw from 2002 to 2005. months and above, the builders will pull back on construction.
Housing Wire
FEBRUARY 24, 2022
It gives an idea of what to expect for housing construction. months and above, the builders will pull back on construction. This stands in contrast to the existing home sales market, where higher mortgage rates can create more inventory and cool down price growth. From Census: The seasonally?adjusted When supply is 4.4
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