Housing Starts: Record Average Length of Time from Start to Completion in 2023
Length of Time from Start to Completion
Census released the annual data on the length of time from start to completion, and this showed ongoing construction delays in 2023.
In 2023, it took a record 8.6 months from start to completion for single family homes, up from an already elevated 8.3 months in 2022. For 2+ unit buildings, it took a record 17.1 mont…
Keep reading with a 7-day free trial
Subscribe to CalculatedRisk Newsletter to keep reading this post and get 7 days of free access to the full post archives.