Despite a quiet few weeks with no viewings, the US property market has recently seen in surge in demand for single-family homes, particularly in suburbia. This plus the shortage of supply has also led to a rise in the number of new-build starts and permits.
A new study looking at the impact of new-home builds reveals its potential to lead the way in the US economy. The sector is set to have particular relevance as the nation moves forward in containing the covid-19 pandemic. One of the biggest advantages that new-home builds offer is their scope for the job market and by extension, the US economy.
A survey between the new-build property market in the US in 2018 and 2008 reveals two very different scenarios. Read on to discover how now is so unlike then.