Total Housing Completions Will Likely Increase Slightly in 2023; The Mix will Change

Multi-family completions will increase sharply this year; Manufactured Homes Decrease Sharply

This is an update to an article I wrote in May.

Although housing starts have slowed, completions will likely increase slightly in 2023.

This graph shows total housing completions and placements since 1968 with an estimate for 2023 based on completions through September. Note that the net additional to the housing stock is less because of demolitions and d…