Housing Set To Become 'Even Less Affordable' As Tighter Supply Faces Rising Demand With Rate Cuts: Focus On Buffett's LEN, DHI Play - D.R. Horton (NYSE:DHI)
The U.S. housing market is sending conflicting signals, with new data revealing a sharp decline in construction activity that is expected to tighten supply, just as a recent Federal Reserve rate cut aims to stimulate demand.The emerging affordability crisis is highlighted by a stark contrast: while government data indicate a slowdown, legendary investor Warren Buffett has been investing billions in major homebuilders.Construction Slumps, Squeezing Future SupplyThe latest New Residential Construction report ...