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Bye Bye Housing Boom? What’s an Investor to Think?

For their part, for instance, the National Association of Home Builders saw the report as more evidence of the impact of labor and supply shortage, while Realtor.com pointed out that new-home sales had hit a record high in January and have since fallen because of high costs and low supply. One of the most prominent, of course, is the huge National Association of Realtors, which just reported that in June the sales of existing homes snapped a four-month decline while posting an all-time high median home price of $363,300.