New Builds Make Up One-Third of Houses on the Market, With High Rates Locking Up Existing Inventory 
New construction has dropped off most in Boise–but it still makes up nearly 40% of inventory
Boise is one example of the role of newly built homes in today’s housing market. New homes made up 38% of single-family homes for sale in Boise in the second quarter, the fourth-highest share in the country. But that’s down from almost half (49%) a year earlier, the biggest decline in the country.
https://www.redfin.com/news/new-cons...-of-inventory/
New construction has dropped off most in Boise–but it still makes up nearly 40% of inventory
Boise is one example of the role of newly built homes in today’s housing market. New homes made up 38% of single-family homes for sale in Boise in the second quarter, the fourth-highest share in the country. But that’s down from almost half (49%) a year earlier, the biggest decline in the country.
https://www.redfin.com/news/new-cons...-of-inventory/
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