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Re: FFFacts post# 675702

Tuesday, 04/27/2021 10:17:47 AM

Tuesday, April 27, 2021 10:17:47 AM

Post# of 793285
"An index that tracks the availability of finished lots fell 9% in the third quarter from a year earlier to a low in data going back to 2015, according to Zonda, a housing-market research firm. The most significantly undersupplied markets in the third quarter included San Diego, Seattle, Nashville, Tenn., Boise, Idaho, and Las Vegas, according to Zonda.

Prices for finished lots rose 11% in the third quarter from a year earlier, according to research and advisory firm Zelman & Associates."

https://www.wsj.com/articles/housing-boom-brings-a-shortage-of-land-to-build-new-homes-11608904980