“Lack of existing inventory continues to drive buyers to new construction,” said NAHB Chief Economist Robert Dietz.
The post Builders Express Renewed Confidence in Housing Market appeared first on Weekly Real Estate News.
Now that we are halfway through the year, we can see that active inventory in America is growing, unlike what happened in 2023. This is precisely what the doctor ordered for the housing market. […]
Active weekly housing inventory growth slowed slightly last week, but it’s still running at a healthier clip than in 2023. I have a simple model with mortgage rates being above 7.25%: weekly inventory data […]
We’re revisiting housing inventory today because it’s one of the key sticking points that’s keeping home prices elevated and buyers wary. Jerome Powell said last week that housing activity is bottoming and could be improving already — […]
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