Housing Supply Falls to New Low While Prices Hit New High
Pro Builder
AUGUST 17, 2020
Home sales also increased in 67 of the 85 largest metro areas in July, but some states, such as New York, are seeing dramatic drops in home sales. The housing market was incredibly robust going into the pandemic with household debt at its lowest level in 40 years. Bridgeport, Conn., and Fort Lauderdale, Fla. Home sales were up 4.9%
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