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The Housing Market's Evolving Storyline

Robust Demand Runs Up Against Supply Constraints, Keeping Prices High

The housing market during the pandemic has been a story of strong demand facing weak supply, resulting in outsize price increases. That storyline might be starting to change somewhat, but the markets for both new and existing homes have not quite returned to pre-pandemic conditions, as revealed in data released last week.

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News | The Housing Market's Evolving Storyline