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America has become a massive housing construction site ๐Ÿ˜

www.tker.co

America has become a massive housing construction site ๐Ÿ˜

Also, a look at last week and next week

Sam Ro, CFA
Oct 24, 2021
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America has become a massive housing construction site ๐Ÿ˜

www.tker.co
There are lots of homes under construction. (Source: Getty Images)

Thereโ€™s a housing boom going on in America as low mortgage rates, the accumulation of wealth, and the desire for more space has renters becoming buyers.

On Thursday, we learned that the pace of existing-home sales, or the sale of previously owned homes, jumped 7.0% from August to an annualโ€ฆ

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