Q3 Update: State of Housing Report: Home Builder Edition

While Q3 saw steady economic growth, the housing market faced headwinds due to high mortgage rates, constrained inventory and affordability challenges.

The lack of inventory encouraged the demand for new homes. Not wanting to give up their low-interest rates, homeowners were hesitant to sell pushing more buyers towards new builds. 

Download the Q3 Update for the 2024 State of Housing Report: Home Builder Edition and dive into some of the leading factors affecting the housing industry, including:

• The 2024 Presidential Election
• Supply and Demand
• Interest Rates
• Economic Conditions
• Construction Costs

Download the report to learn more!