There are numerous factors which have led to the low housing situation we’re seeing across the country. A leading cause was the major disruption to the global supply chain in 2020. As countries across the globe shut down to stop the spread of COVID-19, production and shipment of many goods was significantly delayed, including lumber and other manufacturing supplies. For more information about housing trends, check out the below infographic.
Graphic created by New City Moving, low cost movers in Chicago.
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