NAR Study Says Years of Underbuilding to Blame for Housing Shortage
Pro Builder
JULY 19, 2021
There is a strong desire for homeownership across this country, but the lack of supply is preventing too many Americans from achieving that dream,” said Lawrence Yun, NAR’s chief economist, in the news release announcing the report. Mortgage interest rates, which hit 15 new historic lows last year, aren’t helping.
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