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Spec homes sitting on the market pose potential economic drag

Builders have focused on “quick move-ins” since the pandemic. Now they are trying to clear the houses sitting on the market. This shift might slow housing starts and eventually boost home prices.

Foundations for homes under construction at a Toll Brothers community in Folsom, Calif.
Foundations for homes under construction at a Toll Brothers community in Folsom, Calif.Read moreDavid Paul Morris / Bloomberg