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Single-Family Home Construction Drops Amid High Interest Rates

Single-Family Home Construction Drops Amid High Interest Rates

Elite 100 Agents
August 1, 2024
The recent surge in high interest rates has created a significant shift in the housing market, with single-family home construction experiencing a notable decline. This trend is concerning for many prospective homebuyers and builders who are finding it increasingly difficult to navigate the financial landscape. Higher borrowing costs have led to reduced affordability, directly impacting […]
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