buyers forsake homeownership, the rental market is likely to become even more expensive in the months to come.
"These still-rising prices also reflect a pre-existing housing shortage that will likely continue to push rent up in 2022," Zumper researchers wrote. and new-home construction remains at its slowest pace since 1995. The decline in homebuilding is putting additional pressure on costs, pricing out many would-be buyers.
In 2021, the median home sales price increased 16.9% from 2020, marking the highest on record going back to 1999, according to the National Association of Realtors. Home sales also increased 8.5%, which is the strongest year since 2006. Frustrated with costs and increased competition, many buyers are
Must be rigged. Not logical unless simply a rebound.
Build fewer strip malls....more affordable housing.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apple Reclaims No. 1 Spot in China, Hits Record iPhone Market Share in the Fourth QuarterApple took advantage of the gap in the high-end market left by Huawei and found success with the with the iPhone 13 which had strong camera and 5G features.
Read more »