Building Sustainably

Housing Market 2021 Recap & 2022 Outlook

Tim O'Brien

In this episode, Tim O’Brien details the challenges faced by the home building industry in 2021 such as supply chain issues, building material costs, and labor shortages and how those challenges will potentially continue through 2022. Tim also summarizes a 2022 market outlook from the National Association of Home Builders (NAHB) as interest rates are projected to increase, and housing affordability remains low.