As Denver buckles up to build out attached housing, Mike Rinner opened the 2017 Condominium Summit & Expo conference with historical perspective. What’s the outlook? With six years of undersupply, there is a lot of pent-up demand.
New home lot supply drops to cycle lows
New Home PSI: New home sales continue to outperform, up 44.9% year-over-year
New Home PSI: New home sales maintain momentum, up 45.8% year-over-year
New Home PSI: New Home Sales Are Unstoppable: Up 46.9% Year-Over-Year
New Home PSI: New Home Sales Defy Gravity: Up 39.6% Year-Over-Year
New Home PSI: Pending New Home Sales Jumped 32.7% Year-Over-Year