by Calculated Threat on 5/09/2024 12:47:00 PM
In the present day, within the Calculated Threat Actual Property Publication: Housing Begins: Report Common Size of Time from Begin to Completion in 2023
A quick excerpt:
In 2023, it took a report 8.6 months from begin to completion for single household houses, up from an already elevated 8.3 months in 2022. For two+ unit buildings, it took a report 17.1 months for buildings with 2 or extra models in 2023, unchanged from 17.1 months in 2022.
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The delays following the housing bubble had been resulting from many tasks being mothballed for a number of years. The latest delays had been resulting from pandemic associated provide constraints.
There’s extra within the article.
