Overall, the share of home builders seeking loans for land acquisition, development, and construction (AD&C) was lower in early 2023 than a year earlier. Loans to cover the costs of speculative single-family construction were the most popular type, with over a third of respondents having sought them. Speculative construction refers to those projects that do not have yet a buyer or final user. That is in contrast to pre-sold single-family homes, which already have a buyer before they are finished.
Share of home builders who sought new acquisition, development, and construction (AD&C) loans in the United States from 2019 to 2023, by type
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National Association of Home Builders. (June 15, 2023). Share of home builders who sought new acquisition, development, and construction (AD&C) loans in the United States from 2019 to 2023, by type [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1392801/share-of-home-builders-seeking-new-loans-in-the-us-by-type/
National Association of Home Builders. "Share of home builders who sought new acquisition, development, and construction (AD&C) loans in the United States from 2019 to 2023, by type." Chart. June 15, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1392801/share-of-home-builders-seeking-new-loans-in-the-us-by-type/
National Association of Home Builders. (2023). Share of home builders who sought new acquisition, development, and construction (AD&C) loans in the United States from 2019 to 2023, by type. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1392801/share-of-home-builders-seeking-new-loans-in-the-us-by-type/
National Association of Home Builders. "Share of Home Builders Who Sought New Acquisition, Development, and Construction (Ad&c) Loans in The United States from 2019 to 2023, by Type." Statista, Statista Inc., 15 Jun 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1392801/share-of-home-builders-seeking-new-loans-in-the-us-by-type/
National Association of Home Builders, Share of home builders who sought new acquisition, development, and construction (AD&C) loans in the United States from 2019 to 2023, by type Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1392801/share-of-home-builders-seeking-new-loans-in-the-us-by-type/ (last visited November 10, 2024)
Share of home builders who sought new acquisition, development, and construction (AD&C) loans in the United States from 2019 to 2023, by type [Graph], National Association of Home Builders, June 15, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1392801/share-of-home-builders-seeking-new-loans-in-the-us-by-type/
