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Far fewer New Homes in Pipeline Drives Up Pricing

By
Real Estate Agent with RE/MAX Premier Group SL3116482/SL3020723

“A major housing shortage exists in this country,” Yun said in a statement. “It is therefore disappointing to witness in March the continued lackluster performance in new-home building, which was the second lowest activity over the past six months. Home prices have risen by 41% and rents have climbed 17% over the past five years at a time when the typical worker wage has grown by only 11%. To relieve housing costs, there simply needs to be more homes built.”  See the details here

 

Far fewer New Homes in Pipeline Drives Up Pricing

Posted by

Nick & Cindy Davis

The Tampa Bay Real Estate Warriors
REMAX Premier Group
2719 SR 56
Wesley Chapel FL 33544 
813-300-7116 Direct
NickandCindyDavis@TampaHomesSold.com 
www.TampaHomesSold.com

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