The end of 2019 saw a flood of new construction permits, reaching an all-time high in over a decade. On top of that, housing starts rose 3.2% to 1.365 million units last month, with single-family construction racing to a 10-month high.
What does this mean for those who wait?
By the spring, many of those new construction homes will be coming to market and bring a lot of competition from buyers along with them.
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