New Construction Sales Surging


142,000 units is the inventory of nationwide new construction homes available for sale. The lowest level since the government started tracking the figure in 1963.

Builders sold a seasonally adjusted annual rate of 372,000 homes in July. Rendering only a 4.5 month remaining inventory. Simple economics, buyers' preference for new homes will continue to surge housing starts to meet demand.

Shaun Dalton

Gulf Coast International Properties


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