Experts: It may take years for home building to get back to historic levels [From the web]

NEW YORK, Sept. 10, 2019 (Yahoo Finance) -Today's slow pace of single-family home building isn't expected to get back to historic norms until 2022 or later, and expectations for home value growth over the next few years continue to weaken, according to a recent Zillow survey of more than 100 economists and real estate experts.

Since 1959, the average seasonally adjusted annualized rate (SAAR) of new single-family housing starts has been just over 1 million in any given month, reaching heights of more than 1.8 million in a handful of months in 2006, on the eve of the Great Recession. But ...

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