The National Association of Home Builders (NAHB) latest Housing Trend Report (HTR) reveals that overall buyers anticipate that it might be slightly easier to find and buy a home in the second half of 2020. According to the report 63% of prospective home buyers are expecting that home availability will tighten, or at best stay at current levels. This while 25%, up from 20% in the previous HTR, are optimistic and expect that it will actually easier to find a home to buy. In terms of the actual number of homes buyers who are seeing for-sale (that they like and can afford), 57% report seeing fewer or the same number available than three months earlier, whereas 29% report seeing more of such inventory.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.