Historically Low Housing Starts in the Coachella Valley

By |2021-04-22T21:16:11-07:00April 22nd, 2021|Categories: Data Digest|Tags: , , , |

In my last blog, I discussed the staggering rise in median home prices in the valley.  COVID stay-at-home restrictions and the desire to move to less congested locales unleashed an unexpected buying spree. But the historically low pace of new housing construction, locally and nationally, underlies the explosive rise in median home prices. This week [...]