During the peak of the pandemic housing boom, homebuilders saw their unsold completed new builds increase, with D.R. Horton, America's largest homebuilder, experiencing just 600 unsold new builds in 2022 compared to 4,700 in 2020. The company has since reduced its unsold finished homes to 5,500 in an effort to move them and balance sales with current market conditions. This is significant impact on margins.