Sentences with phrase «existing home inventory»

A lack of existing home inventory continues to drive growth for residential construction and sustain strong home - builder confidence — now hovering near a two - decade high.

The expansion is supported by ongoing job growth and improving household formations, as well as tight existing home inventory.

Low existing home inventory isn't new housing market issue.

Other contributing factors include low unemployment rates, favorable demographics and a tight supply of existing home inventory.

The expansion is supported by ongoing job growth and improving owner - occupied household formations, as well as tight existing home inventory.

«As existing home inventory remains tight, we can expect new homes sales to continue to make gains in the months ahead.»

Over the past 11 months, the average annual increase has been 13 % as builders respond to the increased demand, as existing home inventories remain low and as only the more financially able households are approved for mortgages.

Existing home prices have increased for 71 consecutive months according to NAR while existing home inventory has declined year - 0ver - year for 32 consecutive months.

Existing home inventories shrank further to close out 2012, sliding to 1.82 million units available for sale in December.

As existing home inventory continues to dwindle, home prices are pushing upward.

[T] here is still far too much existing home inventory, a sharp bounce back in housing starts is unlikely, so I think... a rapid decline in unemployment is also unlikely.

«Because existing home inventory has been so low for so long, new construction is taking a larger share of the market... Builders meet the buyers and see the demand firsthand.»

In this week's economic review, mortgage rates softened, existing home inventory improved and new home sales climbed, mostly due to softened pricing.

As the overall economy strengthens, owner - occupied household formation increases, and the supply of existing home inventory tightens, we can expect the single - family housing market to make further gains this year.

«With ongoing job creation, increasing owner - occupied household formation, and a tight supply of existing home inventory, the single - family housing sector should continue to strengthen at a gradual but consistent pace,» said NAHB chief cconomist Robert Dietz.

As existing home inventory remains flat, we should see more consumers turning to new construction.»

This expansion is supported by ongoing job growth and improving household formations, as well as tight existing home inventory.

In small to middle markets our biggest competitor is the existing home inventory.

Matthews attributed the dip in the percent of green homes selling in urban Atlanta to pent up demand for new construction after homebuyers «blazed through the existing home inventory» over the last several years.

Existing home inventory is tight as many current homeowners are fearful of jumping into a new home after the financial crisis.

«Job market growth, expected wage increases and tight existing home inventory will also help the market move forward next year.»

The expansion is supported by ongoing job growth and improving household formations, as well as tight existing home inventory.

Likely the biggest risk to the health of the 2016 housing market is the existing home inventory shortage.

Investment companies performing due diligence on an upcoming portfolio of houses or wanting a comprehensive inspection review of their existing home inventory can rely on Alpha Dog Investments for their property inspections.

New existing inventory just the last twelve months has fallen off because people are starting to buy new homes rather than existing home inventory.

As a result, existing home inventory is on the rise.

Existing home inventory is low as well.

Existing home inventory is down as well.

«With ongoing job creation, increasing owner - occupied household formation, and a tight supply of existing home inventory, the single - family housing sector should continue to strengthen at a gradual but consistent pace.»