«Slowing consumer demand combined with a surge in
new home completions over the next several quarters will create more balance in the housing market and produce less upward pressure on home prices,» the association says in its release.
«New -
home completions ticked upward... as the unusually warm winter helped builders advance their completion schedules,» Kirchner says.
Congratulations on
the home completion!!
This trend will eventually affect starts and new -
home completions, though we will continue to see a shortage of homes on the market.»
Home completions were especially strong, up 12.6 percent.