Heavy rains slow home construction

 
By Richard Mize
Published: June 23, 2007

Soggy job sites have slowed construction, but not enough yet for demand to eat up much of the general oversupply of houses on the market in the Oklahoma City area.

May ended with a 5.3-month supply of homes on the market, according to The Oklahoman's calculations, using data from the Oklahoma City Metro Association of Realtors.

The inventory was determined by dividing the number of homes listed for sale at t...


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