Buyers Shift Toward New Construction as Newly Built Home Sales Rise in March
New single-family construction gained momentum in March as limited resale inventory and a slight easing in mortgage rates nudged buyers toward new builds.
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New single-family construction gained momentum in March as limited resale inventory and a slight easing in mortgage rates nudged buyers toward new builds.
NAHB data shows remodelers have expanded their share of the residential construction industry, with more firms and jobs and continued positive sentiment.