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The Wall Street Publication > Blog > Markets > Home Builders Might Be a Home Run Once Supply Woes Ease
Markets

Home Builders Might Be a Home Run Once Supply Woes Ease

Editorial Board Published September 24, 2021
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Home Builders Might Be a Home Run Once Supply Woes Ease
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If only lumber had been all that was keeping home builders from selling more homes.

The Commerce Department on Friday reported that 740,000 new homes were sold in August, at a seasonally adjusted, annual rate. That was above July’s 729,000 but is nothing close to the 977,000 homes sold in August of last year.

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