Rising new home starts still can’t meet demand, experts say

New home building starts were up more than 8% at the start of October compared to one year ago, but the increase is still not enough to meet demand, according to Lawrence Yun, chief economist of the National Association of Realtors. Yun noted that housing starts in September were at a 1.42 million unit production

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Americans Want New Homes, But Few Can Afford One

Forty-one percent of Americans say they prefer a new home compared to 21 percent who say they prefer an existing home, according to a new survey of more than 2,000 adults conducted by Harris Poll on behalf of Trulia.

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