The housing market is exploding, but it s not alleviating any pressure,
Builders in the Oklahoma City area started more houses through April than in the first third of any year going back at least a decade: 2,202, a jump of 21.6% compared with the first four months of 2020, according to Dharma Inc. s Builder Report.
That s even with skyrocketing prices for lumber and other materials, and disruptions in supply distribution.
And there s still a house shortage that may be here to stay awhile, just an 18-day inventory, according to the Oklahoma City Metro Association of Realtors. That s counting only homes listed with Realtors, not sold directly by builders or owners.