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“Judging by how active most builders continue to be during the pandemic, it seems to have been more or less fine,” says Jackson Cornelius, director of advisory at Zonda Urban, which was formerly Urban Analytics. “A lot of these developers have fixed pricing in place and contracts with the suppliers. That’s allowed them to mitigate the volatility of the market … and contributed to why most pricing remained flat. In fact, if anything, the changes have been more demand-side adjustments.”
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