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Based on “Housing Development”.

Hot California real estate market limits both buyers and sellers

California’s real estate market appears to be boxing both buyers and sellers into their current homes, and is also affecting home construction across the state. The state has reported a sharp decline in home sales, decreased inventory and escalating home prices

Low-priced rental units harder to find across the nation

The number of lower-income tenants looking to secure low-cost rentals has increased by nearly 5 million households in the past 15 years nationwide, but the number of rental units has shrunk by nearly 2.5 million, according to a recently released study.