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Shortage of New-home Lots Promises to Drive Up Home Prices

September 7, 2016 9:51 pm

A growing shortage of lots for new homes will push up home prices in many U.S. markets. That’s the word from the National Association of Home Builders (NAHB), which says the availability of new-home lots is at a historic low. In the NAHB/Wells Fargo Housing Market Index survey for May, 64 percent of home builders […]
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