The Real Signal - Housing + Real Estate + Macro

The Real Signal - Housing + Real Estate + Macro

The Real Signal #115 - Homebuilder Spec Inventory Highest Since 2008

Plus articles on

Dec 28, 2024
∙ Paid

Homebuilder Spec Inventory Highest Since 2008

“Home builder spec homes for sale just hit 2nd highest level ever.

Quite the rebound from the shortage experienced from 2012-22.

Builders are doing their part to inundate the housing market with supply.

Only other time there has been more builder spec inventory was 2008 bubble.”

Source: @nickgerli1 on X

Keep reading with a 7-day free trial

Subscribe to The Real Signal - Housing + Real Estate + Macro to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Scott Choppin
Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture