New Single-Family Home Sales Fell Again in June
(www.aier.org)
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Ya and the cost of building a home is bananas. Since a 2x4 is like $20
That is because there is no inventory. Too many buyers, not enough houses or price is too high for what you get.
Valid observation, thanks for the insight....
Thanks for posting. I wonder how much more these numbers are influenced by BlackRock and other institutional investors who have been buying up single family homes? In Q1, they accounted for 15% of the home sales.
Valid question....