Not a Lot of Lots, Builders Report
In a recent NAHB survey, 65 percent of builders reported that the overall supply of developed lots in their areas was low to very low. This is up only 1 percent from June 2017, but significantly higher than the 42 percent posted in September 2012.
The focus on lots was included in a special survey section in September’s NAHB/Wells Fargo Housing Market Index (HMI).
Click here to read more.