Home Builders Can’t Keep Up. The Paradox of Soaring Home Prices and Mortgage Rates.

Barron’s, April 28, 2022–Randall W. Forsyth (subscription)
The surge in mortgage interest rates is hitting house buyers much harder than home builders. For the latter, it’s brought the demand for homes closer in line with their supply but doesn’t seem to threaten a downturn in their business.
https://www.barrons.com/articles/home-prices-builders-demand-mortgage-rates-51651093682