Quick Note on Units Under Construction

For Paid Subscribers

You can’t shake a stick these days without hitting a housing market analysis that mentions the massive inventory of homes under construction which is about to flood the market with new supply. Readers by now will know my basic view on this.

A common piece of evidence you’ll see identified these days is the “record number of homes under construction”.

Figure 1 : https://fred.stlouisfed.org/graph/?g=YsNS

Below the fold I’ve got a couple of charts to help add more perspective.

Not a big, long, complicated post today. Just another little piece of the big housing jigsaw puzzle that I hope helps subscribers build your own points of view with confidence to make your own decisions regarding personal finance, public policy, portfolio allocations, etc.