Land Prices Up 77% Since 2019 as Inventory Severely ‘Drained’

While there have been some stabilizing signs in the housing market—home price appreciation has significantly slowed and inventory is showing year-over-year growth—the construction industry continues to face challenges. Beyond the supply chain and overall economic issues for builders, land prices and inventory have yet to recover from pandemic-era downfalls, according to the latest data from…

The post Land Prices Up 77% Since 2019 as Inventory Severely ‘Drained’ appeared first on RISMedia.

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