3min chapter

Moody's Talks - Inside Economics cover image

New Construction and Niche-y Nerds

Moody's Talks - Inside Economics

CHAPTER

The 850K Single Family Market

I think we're at the bottom. Do we go anywhere from here? Probably not. I've been likening it to you know, you throw a flat stone across a pond and it just kind of skims there for a while. That's how I view the single family market now and over the next several quarters. The other kind of question that Chris and I are always debating is long run. But it's kind of through the business cycle. Is 850 K below that kind of long run through the cycle level of construction or is it meaningfully higher than that? Do you have a view on that? Yeah, I said, I'll dollar bet the curse and I have. Oh

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