U.S New-Home Sales Dip by 6% on Supply-Chain Snafus While demand for new houses remains strong, builders have been forced to limit sales due to a shortage of building materials. by Ellen Chang in Real Estate June 23, 2021 2 MIN
U.S. Home Prices Gain at a Record Pace, NAR Says The U.S. median home price rose by a record pace of 24% in May, compared with a year earlier, as tight inventory sparked bidding wars. by Ellen Chang in Real Estate June 22, 2021 2 MIN
Homebuilder Confidence Plunges to 10-Month Low in June Homebuilder confidence plunged in June as material prices rose and supply chain shortages crimped inventory, resulting in fewer homebuyers. by Ellen Chang in Economy June 15, 2021 2 MIN