The housing construction rate has declined by 5.5 million units in 2021

Posted on June 22, 2021   |  

• The reason for this decline is the shortage of labor and building materials, which have limited the growth of housing construction.
• The price of the medium existing house has increased by 19% to $341,600 in April 2021.
• The number of the existing home market declined to 1.03 million units at the end of January 2021.