Economists predict an optimistic increase in single-family housing starts, citing improvements in cost and availability of materials, lots, and labor. Contact us for more knowledge and strategies.
A solution to the inventory problem? Housing starts are expected to rise this year
"[T]he economists at Capital Economics are showing some optimism for single-family housing starts in 2020.
Their latest report predicts single-family housing starts to average around 1 million annualized this year.
'There are encouraging signs that the cost and availability of materials, lots and labor are all starting to improve,' the report stated while also mentioning a strong new home demand and a shift toward the construction of cheaper homes."
