Homebuilders just saw the strongest June sales since the last housing boom, as pandemic pushes more buyers to the suburbs
July 13, 2020 at 11:24 AM EDT
A sharp decline in the supply of existing homes for sale, increasing consumer preference for brand-new, high-tech homes with all the amenities for working and schooling, as well as an accelerating flight to the suburbs and exurbs, made for remarkable housing demand in June.