There were 1895 total openings for the week of 10/25- 10/31 as compared to 1752 for the week before.
“This momentum is likely to carry into the new year with more buyers expected to enter the market,” says NAR’s chief economist. Read more from NAR’s latest housing report.
Hispanic households are expected to see the largest increase over the next two decades, a new report from the Urban Institute shows.
Construction rose to the highest numbers in a decade in December 2020. But builders are concerned they will not be able to keep that pace in 2021.