First American Deputy Chief Economist Odeta Kushi was interviewed on Nightly Business Report last week and discussed the dramatic jump in housing starts to a 12-year high, signaling the potential for some housing supply relief in the near future.
“I still see supply as the biggest challenge in the housing market, despite the fact that inventory has been increasing and, obviously, we are building more homes. We`re still near quarter-century lows in terms of inventory, so I would like to see several more months of positive gains in housing construction.”
Watch the September 18 Nightly Business Report clip