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Look For Home Construction to Boom Over Next Two Years

Home builders have boosted their portfolios by 23% year over year through the first quarter.

By Lynn Pollack | August 05, 2021 at 07:41 AM

Home construction is predicted to boom over the next two years, as publicly traded homebuilders continue the buying spree that started last summer and dramatically increase their land holdings coast to coast.

An analysis from John Burns Real Estate Consulting shows that builders have boosted their portfolios by 23% year over year through the first quarter. They’ve also paid for 30% more single-family permits over the last year than during the year prior⁠—a move analysts suggest underscores the rapidly expanding SFR and BFR markets, which have boomed during COVID. 

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