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- Home builders will see a new "golden age" in 2024, according to the CEO of Howard Hughes.
- Falling mortgage rates will trigger even greater demand for new home construction.
- The existing home market, meanwhile, will stay frozen as the supply-demand imbalance worsens.
A segment of the housing market is headed for even better days, thanks to a coming "golden age" of new home construction, according to Howard Hughes CEO David O'Reilly.