Interesting time in the US for single family home new construction. The market where I live is very tight (lack of supply). Builders and realtors have a good thing going now, and there is no reason my market for sellers of existing homes, or builders of new ones, to compromise on price.
Employment is strong, so I don't see the dynamic changing in my market any time soon.
Vacancy rate among for sale homes in the US is at a 40-year low: