Prices Keep Rising as Inventory Depletes

Printer-friendly version
August 11, 2015

From Seattle to Dallas to Denver, buyers are bidding high over a very limited supply of homes, Marketplace.org reports.

Numbers from the NAHB show that single family home construction is half of what it should be, primarily due to a shortage of skilled labor and lots to build on. This poses a big problem to buyers.

“Prices are rising, just too fast,” Lawrence Yun, chief economist with the National Association of Realtors, tells Marketplace.org. “And certainly far ahead of people’s income.”

Read more

Comments on: "Prices Keep Rising as Inventory Depletes"

July 2017

This Month in Professional Builder

Products
Features

Ashton Woods launched Starlight Homes to target entry-level home...

Overlay Init