To understand the state of the housing market, economists often turn to stats on new residential construction for indicators on where the market may be headed. Here’s what the data says.
Source: Inman News
How is COVID-19 affecting new construction?
Published in Agent, Brokerage, builder loan, builders, challenges, construction, Construction layoffs, COVID-19, credit conditions, home prices, inventory, Lindsey Hood, Markets & Economy, new construction, new-build homebuyers, residential construction, Select, service and supply chain
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