US EditionThe Number of Housing Units Under Construction Continues to Crash
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Mish Talk - Global Economic Trend Analysis
Mish Talk - Global Economic Trend AnalysisThe Number of Housing Units Under Construction Continues to Crash
What’s the impact on rent? Decline from Post-Covid Peak Total Units: 20.7 percent Single-Family: 25.2 percent Multi-Family: 27.3 percent The decline puts the number of single-family units under construction near the middle of a very wide range of 236,000 on the low end and 990,000 on the high end. However, the number of multi-family units under construction is still enormous historically speaking. Impact on Rent For three years, the consensus o…
Coverage Details
Total News Sources2
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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