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New Home Construction Slows as Mortgage Rates Remain High

Home building in May fell to its slowest pace in four years despite a supply shortage. That trend could put even greater strain on buyers. [Source]

Publication Date:

Origin: nytimes.com

Category: Real Estate and Housing (Residential)

Topics: buyers, strain, greater, could, trend, shortage, supply, despite, years, slowest, building, Remain, Rates, Mortgage, Slows, Construction

Source: https://www.nytimes.com/2024/06/20/business/economy/new-home-construction-mortgage-rates.html