Demand for new homes and building permits remain on the rise
(KYMA, KECY/ CNN) - If you're waiting for the housing market to cool off before buying a home, you may be waiting a while longer.
Housing starts and building permits in November rose more than expected from October levels, according to a government report out Thursday.
The report indicates that people are still eager to buy new houses, especially since the pandemic is still a big concern.
A surge in housing stocks is another indication the real estate market is still hot and housing prices are still skyrocketing.
