“Homebuying demand is so high that many builders are limiting the number of homes they sell at a time, to ensure they don’t sell more than they can build. They are also raising prices. The median new-home sales price was $346,400 in January, up 5.3% from a year earlier.”
Source: https://www.wsj.com/articles/the-pandemic-ignited-a-housing-boombut-its-different-from-the-last-one-11615824558