CNN Early Start With Christine Romans and Laura Jarrett June 4, 2024 09:30:00
Increase of 3%. sales this may also revised lower. sales fell more than 19% year over year, that is the first annual decrease since the pandemic began. part of this is a supply chain problem, the cost of lumber and supply shortages that hurt builders even though lumber prices have dropped from their record highs thankfully. other production costs are forcing builders to scale back. a low inventory of new homes means higher prices, prices out of reach for many first time buyers. median price of a new home up 6.1% last year to $361,800. "early start" continues right now. good tuesday morning. ...
Source: archive.org