High property material production cost and labor shortage factor can influence property price rises in US property marketSome US property developers believe that property building material cost rises and shortage of labor factor, it can influence property sale price rises, but it can also influence US property buyers purchase properties desires to reduce when they feel US properties prices are sudden risen in the same time. With a large and growing number of homebuyers and a relatively small pool of home sellers, the only saving grace is new construction, which has been notoriously underproducing since the recession. Although new construction appears to be increasing, it still won't be able to meet housing demand. Unfortunately, construction is largely happening in the higher-price tiers, and it's not because (developers) don't want to build on the lower end. Labor shortages and regulatory constraints in many parts of the U.S. mean developers are focusing on properties that will offer the highest yield to offset higher building costs, hence more luxury housing.Long time low renting property to live factorWhen US property developers have long time low rent strategy to encourage many US young property buyers, when they feel that they have no enough money to buy houses, buy they can pay long time rent to live in US. Then, the US rent market property renters number will increase. Expect trends in rental rates to remain fairly reactionary to the homebuying market throughout the year, as people examine their financial situation to decide when is the best time to buy. Real estate information and marketing site to US propery rent developers predict that renters who are hesitant or unable to buy a home in their local area will extend their rental agreements, remaining where they are to save as much as possible. Some US property rent developers predict that rents are still expected to grow throughout the year. They predicts that rents will grow faster from the start of the year through the spring, but will slow to 2% year-over-year growth by the end of 2020. They expect to see rental rates rise faster in areas that are seeing significant population growth based on rising demand. However, in parts of the U.S. where home prices will remain affordable, many of these new residents will opt to buy, so rent growth will probably be less significant.
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