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- Embed this notice> The partnership comes at a time when demand for new housing continues to slide, according to data from the Census Bureau. Meanwhile, the National Association of Homebuilders reports that builder confidence is at its lowest level since 2012 because of rising interest rates and construction material costs.
It isn't that _demand_ for new housing is reducing, it is that housing prices are outpacing the ability of Americans to afford a home. The proper remedy is to reduce prices, so that people can again afford to buy.