U.S. housing market is ‘in gridlock,’ but new home construction offers hope for buyers
For many aspiring home buyers, 2023 has been a game of wait-and-see. Soaring home prices, high interest rates and extremely tight home supply have made the search for homes both ultra-competitive and financially prohibitive in large parts of the U.S. The theme of the year has been the Federal Reserve’s aggressive activity to bring down […]