6/21/2013

A shortage in construction materials could impede recovery in housing, according to surveys by the National Association of Home Builders and the National Lumber and Building Material Dealers Association. This could slow the pace of new construction, and prevent it from catching up with the growing demand in sales, the National Association of Realtors stated. "Supply constraints are one of the barriers to a more robust recovery," said David Crowe, chief economist of NAHB.

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