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The National Association of Home Builders’ index is higher than it’s been in decades, driven by strong demand and limited inventory.
Apartment market tracking firm RENTCafé predicts apartment construction will be down 12% from 2019 to the lowest level in five years.
Both the sales and building of homes has slowed with the spread of the pandemic.
New home sales have been slipping most of the year for a variety of reasons
Builders are looking into long-term solutions.
The market is good if you're selling, but challenging if you want to buy.