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Logan Mohtashami: New home sales need lower mortgage rates

HousingWire Daily

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New Home Sales

Lumber prices have spiked noticeably from the low now. Lumber prices are basically kind of where they were pre COVID right during the longest economic and job expansion while new home sales are slowly growing. The only second time in recent modern history that total active listings are below a million going into the calendar year so that's their competition.

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