Heard on the Street: Higher interest rates are putting constraints on housing supply. For home builders, who are in the business of making new supply, that isn’t a bad thing.
Low supply of homes is giving builders ample reason to step up construction, despite high interest ratesHousing has been the No.
1 contributor to still-high inflation in the U.S. The latest existing home sales report provides the keys to understanding whether the economy is slowing down or starting to pick up steam. Photo: Joe Raedle
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