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Tariffs? Or is it Just the Economy? Why Developers Are Pulling Back

BiggerPockets Daily

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Intro

This chapter examines a notable 9.8% decrease in new home construction as of May, the lowest rate since May 2020. The discussion addresses the hurdles facing builders, such as rising material costs and labor shortages, while emphasizing market uncertainty and the impact of baby boomers' reluctance to sell their homes.

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