New Homes Offer Much Needed Inventory in the Housing Market
February 5, 2025
According to a recent report from the National Association of Homebuilders, new home sales incresaed by 3.6% in December of 2024, reaching an annual rate nationally of 670,000. This represents a 6.7% increase from December 2023.
What is fueling this boom in new home sales? Limited availability of existing homes on the market is a major contributor. Home builders like Stone Bridge Homes NW can offer shoppers more options than the rest of the market, and can offer these options with the added benefits that new construction brings.
Limited availability looks like it will continue to be an issue in the coming months, so now may be the best time to start looking towards new construction for your new home!
