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A housing supply gap of 6.5 million homes. At its root, inflation is a result of an imbalance of supply and demand. In the housing market, weak inventory was a problem that existed prior to the ...
NAR expanded on the data with an economist report released Monday illustrating how today’s housing market compares to that of 1995, when there were 3.85 million existing home sales.
Home sales skidded to a fresh low in 2024 as high mortgage rates and property prices kept buyers and sellers on the sidelines of the housing market. Americans sold 4.06 million previously owned ...
There are glimmers of hope in the U.S. housing market, and ambitious buyers might finally find what they’re looking for in coming months, according to reports released Thursday.
The housing market has been at a standstill this last year, as U.S. home turnovers reached record lows, according to a Redfin report. Experts agree that there are lots of changes on the horizon ...
“Today’s housing market is the slowest since 2008 because of limited quality inventory and rising interest rates, which price out potential buyers,” Armstead Jones, a strategic real estate ...
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