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Saturday, July 27, 2019

Americans Are Driving Until They Qualify Again, and Builders Are Responding

Courtesy of Realtor.com

Home builders are applying for permits to build houses in the “exurbs” more than any other area of the country, another sign of how the housing affordability crunch is driving consumer and industry decisions. Exurbs, which the National Association of Home Builders defines as outlying counties of large metro areas, were the only region of the country that had net year-over-year growth in single-family permits in the first quarter, the industry group said.

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