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Housing Shortage

U.S. New Home Construction Expected to Fall 300,000 Units Short of Demand This Year, More Pressure for Home-starved Markets Like Denver

Source: Joe Rubino of the Denver Post The National Association of Home Builders forecast new construction at 909,000 homes in the U.S. -- a whopping 300,000 homes short of their projected demand, based on data gathered from Redfin. In Denver, median home prices have been hovering around $500K, with homes still flying off the market soon after b[...]