National Real Estate Insights December 2024

U.S. New-Construction Single-Family-Homes For Sale By Month, in Thousands of Units, since 2000*

600

2006-2007

This chart illustrates the number of new- construction single-family homes on the market.

550

500

Subprime Boom: Peak of new-home listings for sale

2022 -23- 2024

The number of newly built homes on the market has been generally running at its highest level since 2008.

450

400

350

300

▲ Pandemic hits

250

200

150

Market crash & foreclosure crisis

100

50

Updated through October 2024

0

*Sources: U.S. Census & Department of Housing and Urban Development, from Federal Reserve Bank of St. Louis: https://fred.stlouisfed.org/series/HNFSEPUSSA. Data from sources deemed reliable but may contain errors and subject to revision. Latest month’s reading is preliminary. All numbers are approximate.

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