Few Houses on the Market Contribute to High Housing Prices

Paul Greaney
By Paul Greaney
February 17, 2021NTD Business

The forbearance and foreclosure programs are a lifeline for many Americans during the pandemic. They’re also contributing to the highest housing prices on record as the number of homes on the market falls to historic lows.

In an interview, NTD asked Lawrence Yun, the chief economist at the National Association of Realtors, about the phenomenon.

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