What new and exiting home sales signal about the state of the housing market

Rising material costs are pressuring homebuilders this spring, with many suppliers hiking prices. Katie Hubbard, executive vice president of capital markets at Walton Global, joins Wealth to explain how builders are holding consumer prices steady to maintain the current volume of first-time buyers, even as margins shrink.

To watch more expert insights and analysis on the latest market action, check out more Wealth here: https://finance.yahoo.com/videos/series/wealth/
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