The supply of manufactured goods tends to be more price elastic than the supply of agricultural goods:

Manufactured products

• Mass production using integrated production lines
• Easier to store finished goods
• Firms have spare capacity / extra production shifts

• Harder to store because goods are often perishable
• Growing seasons mean production period is longer
• Unpredictable supply because of volatile climate

Low price elasticity of supply for new housing

Production time frame:

• It can take years for a housing project to be completed
• Delays in planning process e.g. if local people complain

• Housing supply can be restricted by shortages of skilled labour 
• Other factor inputs used in construction such as cement, bricks may also be in scarce supply