New Home Construction Is Down Almost 22% From a Year Ago. Are Buyers Looking at a Continued Lack of Inventory?

New Home Construction Is Down Almost 22% From a Year Ago. Are Buyers Looking at a Continued Lack of Inventory?

There's a reason so many buyers have struggled to purchase a home over the past couple of years. Not only have real estate prices been sky high, but inventory has been really limited. Now, when we talk about real estate inventory, there are different kinds.