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Local housing demand likely to remain higher than supply, says Richmond home building chief

Summary by richmonder.org
The president of the Home Building Association of Richmond says housing demand in the region will likely continue to outstrip supply “for at least the next two or three years.” “We still don’t have enough lots available to kind of meet the demand, and so I’m very nervous about where pricing is going to go over the next six months to a year,” said Chad Joyce Wednesday after an event held by the Home Builders Association of Virginia at Richmond’s …
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richmonder.org broke the news in on Thursday, April 24, 2025.
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