Elevated borrowing costs remain the top worry for homebuilders
Housing Wire
FEBRUARY 5, 2024
Additionally, the competition from existing home sellers was somewhat absent. Department of Housing and Urban Development. In 2011, only 13% of homebuilders worried about the cost of labor, versus 87% in 2019. An estimated 668,000 new homes were sold in 2023, 4.2% Census Bureau and the U.S.
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