DataDigest: The homebuilders are busy. But they’re not busy enough
Housing Wire
JUNE 21, 2023
Currently there are 695,000 single-family units under construction, which is actually 136,000 units below the peak in May 2022. And there are currently 994,000 multifamily units under construction, the highest level since 1973. Single-family construction deliveries, meanwhile, will likely be more muted.
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