To combat higher mortgage rates, builders have been cutting prices and buying down rates to move product.They still have a lot of work to do here, so we shouldn't expect anything good to come from the housing permits side of the economy in 2023.New home sales
From : Sales of new single-family houses in January 2023 were at a seasonally adjusted annual rate of 670,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.
From : Sales of new single-family houses in January 2023 were at a seasonally adjusted annual rate of 670,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.
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