The constant and incessant forward march of humanity creates a situation wherein new things are made and constructed every single day, and you would do well to factor this into your own decisions moving forward due to the reason that this information can help you contextualize what the most ideal choices are for you based on objective analyses and the like. One example of this never ending progress involves the construction of new homes, because while you might think that the homes that are available have all been built way into the past, suffice it to say that many if not most of them will actually have been constructed relatively recently for the most part.
Understanding the number of homes that will be built in 2022 can be a great way to figure out whether or not investing in a new home this year would truly pan out for you at the end of the day. If a large number of homes are being constructed by a Barrington custom home builder, you can safely assume that this investment would be worth it since excessive supply leads to a drop in prices in any commodity that you are looking into.
According to some estimates, there will be at least a million new homes being constructed in 2022 as far as the US is concerned. This means that there will likely be a surplus in housing supply that would exceed demand, thereby making it so that home prices will drop this year. Chances are that these prices will bounce back again next year so the time is right for you to start investing as soon as you can.