Building Industry Magazine - June 2013 - (Page 12)
If You Build It, Will They Come?
—They’re Already Here!
BY LEE SCHALLER
Last year at this time, there were mixed reviews about the
residential marketplace, with some sectors beginning to show
signs of improvement, and others still significantly downbeat.
There was, however, just about unanimous agreement
on one point: There was little or no inventory.
Have things changed? Yes and no.
Yes, the residential marketplace is more upbeat, development and
construction activity are on the rise and confidence is higher.
What has not changed? Inventory is still extremely low—nowhere
near fulfilling the constantly increasing consumer demand.
In this report, we also look at what trends are in play
in the residential marketplace as well as
what potential buyers and renters are asking for.
12 | BUILDING INDUSTRY | JUNE 2013
Table of Contents for the Digital Edition of Building Industry Magazine - June 2013