158. MARKET UPDATE! Are Construction And Real Estate Prices Finally Falling?

The Real Build

In this episode of The Real Build, I wanted to do an update on the current construction and Real Estate Markets. It has been a while since my last update, and many things have changed. Construction prices are still up, and building materials are still hard to get. Real estate still has low inventory. But the market is definitely changing. I dive into what is happening and my opinion on what to expect in this week's episode.

Sources:

https://stobuildinggroup.com/construction-supply-chain-update-october-2022/

https://www.cnbc.com/2022/10/26/mortgage-demand-from-homebuyers-is-nearly-half-what-it-was-in-2021.html

https://www.forbes.com/advisor/mortgages/real-estate/housing-market-predictions/

https://fortune.com/2022/10/25/housing-market-activity-crashing-could-cause-recession-like-1981-2008-federal-reserve/

https://www.forbes.com/sites/jonathanponciano/2022/10/18/housing-market-recession-home-builders-warn-collapse-is-unsustainable-and-prices-could-tumble-another-20/?sh=71ed0872484f

https://www.nahb.org/news-and-economics/press-releases/2022/10/builder-confidence-down-ten-straight-months-as-housing-market-continues-to-weaken

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