Builders Aren’t Overbuilding They’re Catching Up

No matter what you may be hearing or seeing online, the fact that new construction has ramped up lately isn’t cause for alarm. Here’s why.
Nationally, builders aren’t overbuilding – they're just catching up.

Coming out of the housing crash, builders pulled production way back, and that led to a long period of underbuilding. You can see that in this data.

So, even though we’re building more homes right now than we have in the last few years, there’s still a significant gap to make up after not building enough homes for over a decade.
But like anything else in housing, this varies by area. Some places will have more newly built homes, and others will have fewer.

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