The market for single-family new home construction has moved to “bull market” territory. For buyers of newly-built homes from Southern California to Orlando, Florida, it’s a signal that the best deals in housing may be the ones you get this spring.
Another reason to get optimistic on housing, February’s New Home Sales report showed home supply at 5.8 months. Home supply is the amount of time that, at the current pace of sales, that the entire housing stock would be sold.
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