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US Homebuilders Report Highest Unsold Inventory Levels Since 2011

John Burns Research & Consulting notes a surge in unsold housing supply, suggesting supply shortages are not driving current market conditions.

Summary

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Terms & Concepts
  • Unsold Inventory: The number of completed housing units that remain on the market without a buyer.
  • John Burns Research & Consulting: A U.S.-based firm specializing in housing market analysis and research.