Demand for New Single-Family Homes Continues to Exceed Production

“Nowhere is the law of supply and demand more evident than in the housing market. Home prices recently surpassed their pre-recession peak, confirming what we already knew: Supply is insufficient.

In 2017, a projected 840,000 single-family homes will have begun construction, compared to more than one million prospective buyers.”

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By |2017-10-30T18:10:32+00:00October 18th, 2017|Construction, NAHB, News, Tennessee HomeBuilder|