Facebook Twitter Instagram
    Trending
    • Primary Residence Continues to be Largest Asset on Household Balance Sheets
    • Rentable Says March Rent Prices Fall Slightly
    • Zumper’s National Rent Report for March ’21
    • Construction Spending Up 1.7% in January
    • Federal Judge Rules CDC Eviction Moratorium Unconstitutional, DOJ Appeals
    • Pending Home Sales Down 2.8% in January
    • New Home Sales Up 19.3% Year-Over-Year
    • Selected States’ Sales Taxes as Percentage of Total Revenue
    Twitter
    Real Estate Investing Today
    • Home
    • RE Journal
    • ROI Magazine
    • National REIA
      • National REIA
      • Find a REIA near you!
    • Uniting Investors
    • Housing Data
    • Contact Us
    Real Estate Investing Today
    You are at:Home»Residential»New Home Inventory Sits at a 3.5-Year Low

    New Home Inventory Sits at a 3.5-Year Low

    0
    By Brad Beckett on December 9, 2020 Residential

    According to recent numbers crunched by the NAHB’s Eye on Housing, new home inventory is sitting at a 3.5-year low.  They point out that even with the level of sales remaining high, they exceeded construction starts by historic margins at the end of summer – driving new home inventories to a more than three-year low.  Indeed…

    “Despite recent flat growth conditions, the October sales rate was 42% higher than a year ago, as housing demand continues to be supported by low interest rates, a renewed consumer focus on the importance of housing, and rising demand in lower-density markets like suburbs and exurbs.”

    Click here to read the full report at the NAHB’s Eye on Housing.

     

    Share this:

    • Click to email this to a friend (Opens in new window)
    • Click to print (Opens in new window)
    • Click to share on Twitter (Opens in new window)
    • Click to share on Facebook (Opens in new window)
    • Click to share on LinkedIn (Opens in new window)
    • Click to share on Pinterest (Opens in new window)
    • Click to share on Reddit (Opens in new window)

    Related

    Brad Beckett
    Brad Beckett
    • Website
    • Facebook
    • Twitter

    Director of Education & Outreach, National Real Estate Investors Association

    Related Posts

    Primary Residence Continues to be Largest Asset on Household Balance Sheets

    Rentable Says March Rent Prices Fall Slightly

    Zumper’s National Rent Report for March ’21

    Comments are closed.

    Emergency Rental Assistance Program
    social distancing graphic
    BE an Informed Investor!

    Its free! Simply enter your email address in the box below to receive the latest posts delivered right to your mailbox!

    Join 2,149 other subscribers

    Survey of the Quarter:
    • Most Recent Posts
    March 3, 2021

    Primary Residence Continues to be Largest Asset on Household Balance Sheets

    March 3, 2021

    Rentable Says March Rent Prices Fall Slightly

    March 2, 2021

    Zumper’s National Rent Report for March ’21

    March 2, 2021

    Construction Spending Up 1.7% in January

    Benefits of Joining National REIA
    Click here to find a REIA!
    The Latest issue of the RE Journal
    Follow us on Twitter: @REI2Day
    My Tweets
    Keyword Search
    Archives
    Real Estate Investing Today
    National Real Estate Investors Association
    2755 Mansion Place
    Crestview Hills, KY 41017
    888-762-7342
    www.NationalREIA.org
    Top 100 Real Estate Investing Blogs & Websites on the Web
    Categories
    About Real Estate Investing Today

    Real Estate Investing Today is the news aggregation site for the National Real Estate Investors Association (NREIA) and features news & industry updates to help investors stay informed. Learn more at www.NationalREIA.org

    Media Inquiries

    Media Inquiries Click here

    Copyright 2021 Real Estate Investing Today
    • Home
    • News
    • Legislative
    • Market Trends
    • Residential
    • Data
    • Rentals
    • Crowdfunding
    • Legal
    • Regulations & Taxes
    • Infographics
    • Technology

    Type above and press Enter to search. Press Esc to cancel.

    loading Cancel
    Post was not sent - check your email addresses!
    Email check failed, please try again
    Sorry, your blog cannot share posts by email.