Carrington’s Sharga: We are not creating another housing bubble

"We are not creating a bubble." Sharga says the lack of available home inventory is the reason why home prices are rising. New-home inventories are at their lowest level in more than 30 years, he said.

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Is China's Housing Bubble About to Burst?! Carrington’s Sharga: We are not creating another housing bubble Caroline Basile is formerly HousingWire’s Online Editor. She joined HW in August 2016 as an editorial assistant.

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But Sharga feels confident "we are not creating a bubble." The real estate expert showed the crowd a chart provided by Trulia that revealed the average price increase is 3.6% per year, putting the housing market almost exactly where it should be if there was no burst.

Carrington’s Sharga: We are not creating another housing bubble A "housing start" is a home on which construction has started and home builders are breaking ground at rates not seen even. NEW YORK (TheStreet) – The National Association of Home Builders Housing Market Index fell two points in March to 53, while single-family housing starts.

But "this is not the 2005 market," he said. "We are not creating a bubble." Sharga says the lack of available home inventory is the reason why home prices are rising. New-home inventories are at their lowest level in more than 30 years, he said. "Very few markets are anywhere near where we were at the peak," he said.