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New Home Construction Slows as Mortgage Rates Remain High

Home building in May fell to its slowest pace in four years despite a supply shortage. That trend could put even greater strain on buyers.

Danielle Kaye
Author: Danielle Kaye

Written by

Danielle Kaye

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Federal Reserve System, Interest Rates, Mortgages, Prices (Fares, Fees and Rates), Real Estate and Housing (Residential), United States Economy
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