Homebuilders are at max capacity. And the housing shortage keeps widening
Housing Wire
AUGUST 3, 2023
Aerial drone inspection of Lennar’s Westview housing development Miami, Florida. New-home sales were up nearly 24% in June year over year, according to the U.S. Meanwhile, existing-home sales plummeted by 19% in June year over year after declining by 20% in May, according to the National Association of Realtors.
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