Inflation forces homebuilders to take it slow, raise prices

Inflation forces homebuilders to take it slow, raise prices

By Alex Veiga | The Associated Press
Even in the hottest U.S. housing market in more than a decade, new home construction has turned into a frustratingly uncertain and costly proposition for many homebuilders.
Rising costs and shortages of building materials and labor are rippling across the homebuilding industry, which accounted for nearly 12% of all U.S. home sales in July. Construction delays…

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