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Tariffs? Or is it Just the Economy? Why Developers Are Pulling Back
Manage episode 489511881 series 2813754
New home construction fell nearly 10% in May — the slowest pace since May 2020 — as rising inventory and softening demand push builders to scale back. At the same time, millions of baby boomers are refusing to sell, tightening up supply for younger buyers. With completions still rising, buyers may gain short-term leverage, but structural inventory challenges remain.
Learn more about your ad choices. Visit megaphone.fm/adchoices
1710 episodes
Manage episode 489511881 series 2813754
New home construction fell nearly 10% in May — the slowest pace since May 2020 — as rising inventory and softening demand push builders to scale back. At the same time, millions of baby boomers are refusing to sell, tightening up supply for younger buyers. With completions still rising, buyers may gain short-term leverage, but structural inventory challenges remain.
Learn more about your ad choices. Visit megaphone.fm/adchoices
1710 episodes
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