Buyers could expect to give -- more dollars -- judging from statistics from the
The housing supply is still dropping. But demand, while strong, slipped this summer, and prices are up just slightly, statistics show.
With a robust local economy,
No rally yet
There are no easy answers for why homebuilding has declined even as sales of pre-owned houses have remained strong, said Allen, president of the builders association. Allen is president and CEO of
Construction started slow this year, he said, and an especially wet spring kept builders slogging.
"We thought we'd see a rebound," Allen said.
At the end of July, home starts were down 8.9 percent compared to this time last year across
Permits were down 10.3 percent in
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