Tag: home costs

New Home Prices Squeeze Buyers Out of the Low End

Filed in Economics, Housing Affordability, Trends by on June 28, 2021 28 Comments
New Home Prices Squeeze Buyers Out of the Low End

New data released by the U.S. Census Bureau and the Department of Housing and Urban Development, combined with recent NAHB survey data, show that home buyers in the bottom one-fourth of the market have been squeezed entirely out of the market for new construction due to a mismatch between actual prices of new homes and prices that buyers expect to pay.

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