Rising costs will continue to hit homebuilders
A worker builds a new home at the Pulte Homes Fireside at Norterra-Skyline housing development on March 5, 2013 in Phoenix, Arizona.
Justin Sullivan/Getty Images
When it comes to building new homes, there’s very little builders can do about higher interest rates, rising labor costs or tariffs. What they can control is the materials they use. This is leading to more homebuilders keeping costs down by switching things up.
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