Sales of Newly Built Single-Family Homes Outpacing Construction

The National Association of Home Builders is reporting that after a sharp decline in the spring, home building has experienced a remarkable resurgence. Thanks to continuing low mortgage rates, a change in housing location preferences and other favorable economic conditions, demand for housing has improved so quickly that currently sales are outpacing construction starts, which bodes well for continued and additional home building in the future.

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Original Source:
Home Building: Sales Outpacing Starts by a Historic Margin