by Calculated Risk on 12/20/2021 05:40:00 PM
Today, in the Real Estate Newsletter: Supply Chain Disruptions and Housing Inventory
For single family homes, starts have been at about the same level for over a year, so – in normal times – we’d expect completions to be at about the same level as starts. With some simple calculations, it seems that supply chain issues have delayed the completion of somewhere between 70,000 and 150,000 single family homes that would have normally been completed by November.
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