NAR Study Says Years of Underbuilding to Blame for Housing Shortage
Pro Builder
JULY 19, 2021
NAR and the National Association of Home Builders, among others, predicted back in 2011 and 2012 that supply would be a problem by 2017. Construction. Construction. Mortgage interest rates, which hit 15 new historic lows last year, aren’t helping. And that will naturally slow down housing demand from the current frenzied pace.
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