The housing market has seen a few notable developments in the past week.
In the most significant development, there has been a noticeable slowdown in housing inventory growth. This slowdown in housing inventory growth has been observed over the past seven days, although it has yet to be determined if it is a sign of a larger trend or simply due to decreased activity during a holiday week.
Experts are hoping this slowdown is a result of the holiday period and that the market will rebound to its prior health. As such, industry observers are keeping an eye on the housing market closely to determine if the current slowdown is a blip or something that signals a deeper and more lasting trend.
Most Important Elements
-Noticeable slowdown in housing inventory growth over the past 7 days
– Slowdown observed, but not yet determined if sign of larger trend or simple due to holiday week
– Industry observers keeping an eye on the market to determine if current slowdown is blip or deeper more lasting trend
You can read this full article at: https://www.housingwire.com/articles/housing-market-tracker-holiday-impacts-inventory/(subscription required)
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