U.S. Housing Market Inventory Surge

The U.S. housing market is experiencing a flood of new inventory, with a significant increase in spec homes for sale, reminiscent of levels seen during the 2008 housing bubble. The increase in supply is causing prices to remain high and sales to be relatively low.

U.S. Housing Market Inventory Surge

The U.S. housing market is experiencing a flood of new inventory, bringing the number of vacant homes close to 2008 levels. Speculative home construction has reached the second-highest level ever, which could potentially impact the market. Builders are increasing supply, but challenges remain due to high prices and mortgage rates.