If you’re looking for good news in the housing market, there’s this: Prices aren’t likely to crash the way they did in the historic bust of 2006-09. During the last boom, buyers, lenders, and builders were swept up in speculation, and prices soared even as a flood of new homes came onto the market. That unsustainable combination doesn’t exist today. “A crash is just not something that I see in the cards, even at the local level,” says Greg McBride, chief financial analyst for Bankrate.com.

Read more on: https://www.bloomberg.com/news/articles/2019-02-11/america-s-housing-market-isn-t-building-enough-new-homes