KQED Nightly Business Report May 24, 2017
Tyler mathisen. The one thing the Housing Market needs is housing. A lot more homes. But there arent enough existing properties to meet the demand for prospective homebuyers. You might expect sales of newly constructed homes to be strong. That wasnt the case in april. There was an 11. 5 decline in the sales of new family homes and the biggest decline in two years. Diana olick explains why. Reporter april was not particularly pretty for the nations homebuilders. Sales of their properties dropped dramatically during the month and were essentially flat compared to a year ago. The builders should ...