Tight Supply Fuels Demand for Newly Built Homes

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Tight Supply Fuels Demand for Newly Built Homes
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Low inventory in the existing-home market has put home builders in a good spot

Mortgage rates have fallen from the 20-year highs they hit in autumn.Home builders are enjoying stronger-than-expected business this spring, capitalizing on the recent fall in mortgage rates and the shortage of existing homes for sale.

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