The inventory of new, unsold homes in the US has reached its highest level since 2008, with 481,000 new homes for sale. This surge in inventory poses a threat to the building industry as building permits and new construction have hit four-year lows. The industry hasn't employed as many people since the 2000s.
The inventory of new US homes stands at the highest since the bursting of the housing bubble more than a decade ago, raising the risk that builders will dial back production https://t.co/CLN6muamMc
π¨REAL ESTATE π¨ new homes (supply) for sale in the US, π the highest inventory level since January 2008 https://t.co/dvlBY2dyZg
There are now 481,000 new homes for sale in the US, the highest inventory since January 2008, per Charlie Bilello.
Very interesting seeing so much new home supply on the market https://t.co/METJrt79yI
There are now 481,000 new homes for sale in the US, the highest inventory since January 2008. https://t.co/l5IYmkeySJ https://t.co/pTv25nzmaY
The inventory of new US homes stands at the highest since the bursting of the housing bubble more than a decade ago, raising the risk that builders will dial back production. https://t.co/Yt72fKJP8g
Inventories of new, unsold U.S. homes rose in May to the highest level since 2008 as monthly building permits and new construction both fell to four-year lows. The industry hasn't employed as many people as it does now since the 2000s (https://t.co/x2KcnCfo8X) https://t.co/CpTVrZADL2
Inventories of new, unsold US homes rose in May to the highest level since 2008 as monthly building permits and new construction both fell to four-year lows. The industry hasn't employed as many people as it does now since the 2000s (https://t.co/x2KcnCfo8X) https://t.co/lQ2UhBLemD
Bloomberg: Highest Inventory of New US Homes Since 2008 Threatens Building People seem to be surprised π€ https://t.co/N6SLmTJ4q0