Alongside lot, labour and material shortages, builders are now having to contend with growing evidence that the sales environment is becoming more testing. While the strong labour market, and lack of existing homes for sale, argues against a sustained drop in demand, the outlook for new home sales is not quite as rosy as it was a year ago.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services