When it comes to lot deliveries and housing starts, what have we learned this year and what will we see in 2015? Metrostudy's chief economist Brad Hunter shared his take in a recent blog post, and the news is positive.
We are seeing strong increases in new lot development in markets all around The country. (“Lot deliveries” means the number of lots brought to the stage where they are ready for a builder to begin construction — roads and infrastructure in place) ... This surge in lot development will very likely result in an increase in the pace of home building next year.