Battling high material and labor costs as well as supply chain issues, home builders have added more supply to the sky-high demand within the U.S. housing market. July's figures for new home sales came in at a higher-than-expected 708 thousand on Tuesday, Aug. 24, 2021, which is a welcome reversal from June's 6.6 percent monthly drop. Housing industry experts Rob Urban and David Berson join Nicole to discuss the state of the U.S. housing sector on the back of positive data.
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