If contrctors build too many houses,what will happens to sales price?

Why?

Answer:
The price will go down. It the basic law of supply and demand. As supply goes up, demand goes down, and as demand goes up, supply goes down.
That would put a flood to the market of real estate of too many houses. It will drive the price down and offer the buyer better deals and bargining tools.
The price of the houses will go down, however, the mortgage interest will start going up.
they will come down as to much of anything causes a price decline.
Building too many houses is indicating an excessive supply of houses. All things being equal, prices will begin to fall until the demand for the houses increases to a point where the excess supply is used up.

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