Elevated borrowing costs remain the top worry for homebuilders
Housing Wire
FEBRUARY 5, 2024
Additionally, the competition from existing home sellers was somewhat absent. single-family homes for sale were new construction, similar to the percentage from a year earlier and good for the highest level of any fourth quarter on record. In 2011, only 13% of homebuilders worried about the cost of labor, versus 87% in 2019.
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