According to data provider Zonda, the U.S. New Home Lot Supply Index came in at 63.5 for the third quarter of 2020, representing an 8.9 percent drop year over year. On a quarter-over-quarter basis, supply declined by 3.7 percent.
In Brief: New Home Lot Supply Drops to Cycle Lows
According to data provider Zonda, the U.S. New Home Lot Supply Index came in at 63.5 for the third quarter of 2020, representing an 8.9 percent drop year over year. Hear more about trends in U.S. housing policy and development at the 2021 ULI Housing Opportunity Conference.
Brett Widness is the managing editor of Urban Land. Previously, he worked in online editorial at the Washington Post, AARP, and AOL, now part of Yahoo!
