While declining inventory levels were a feature of 2020/21, experts are now anticipating a steady return to pre-pandemic levels on the basis that supply chain constraints do not linger or deteriorate.5https://blog.altosresearch.com/housing-inventory-jumped-8-this-week
Improving supply delays and waning demand have been consistent themes across many Forum Interviews in Q2 2022. One specialist, speaking about the windows market in Austin, Texas, said demand has fallen “5-10% below where it has been in years past”. Meanwhile, builders are now experiencing a two-week delay from a peak of 10-14 weeks. “That’s just been over the last month, month and a half that this has all transpired, like someone flipped the switch and said, ‘Let’s get back to where we were’,” the executive at an Austin-based windows and siding company told us.
Read More
Submit your details to access the latest Quarterly Trends Report from Third Bridge.