DFW residential real estate » Market news » Market fundamentals
DFW Housing Market News and Trends
| U.S. New Home Sales Rise For Second Straight Month, Dire Shortage Of Properties Obstacle To Robust Housing Market Recovery. |
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Key takeaways: new home sales less than half of sales volume at peak of housing market bubble in 2005 ... builders struggling to keep up amid rising lumber costs and shortages of labor and land ... with homebuilder confidence dropping to an eight-month low in July, supply of houses unlikely to improve. Read the whole thing. Pretty similar to Dallas housing market conditions. |
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Posted on Wednesday, July 26th, 2017 at 10:34 pm by H. David Ballinger |
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