New homes now represent a third of all homes on the market. That’s 2.5 times higher than the historical average for the two decades leading up to COVID-19, according to the NAHB/Wells Fargo HMI.
Source: Inman News
Builder confidence rises as low inventory hikes new-home demand
Published in Alicia Huey, Home builder confidence, homeselling, Industry News, nahb, nahb hmi, new home report, Property Portfolio, Robert Dietz, Select and wells fargo
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