New NAHB Estimate: 58,600 Single-family Tear-down Starts in 2017

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Roughly 6.8 percent of single-family homes started in 2017 qualify as tear-down starts, according to NAHB’s latest estimates.  This is down from 10.2 percent in 2016, due primarily to the sharp reversal of a 2016 spike in tear-down percentages reported from the western part of the country. The abovementioned results come from special questions appended to the February 2018 survey for the NAHB/Wells Fargo Housing Market… Read More ›

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