Developer: More Houses Coming on the Market

Paul Greaney
By Paul Greaney
September 24, 2021NTD Business

The labor shortage and raw material shortage are holding homebuilders back.

New home sales were up one and a half percent last month, but that’s 24 percent lower than last year.

Loose central bank policy and low inventory pushed sales to a 15-year peak in January of this year.

NTD spoke with Ken McElroy, CEO of MC Companies, to discuss the latest data.

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