Supply-Chain Issues Lengthened Single-Family Build Times in 2022

The 2022 Survey of Construction (SOC) from the Census Bureau shows that the average completion time of a single-family house is around 9.6 months, including a little over a month from authorization to start and another 8.3 months to finish the construction.  This is almost one month and a half longer than the average completion time in 2021, reflecting supply-side… Read More ›