The housing industry has been quite volatile lately. This is evidenced by sudden, unexpected leaps in the number of available rental and sale properties. For example, within a span of two weeks, the number of active listings surged by a whopping 9,470. In the week prior, there was an increase of 343.
The confusion of the housing industry is reflected in the behavior of landlords, tenants, buyers, and sellers, many of whom are finding that the current real estate climate is unpredictable and disruptive. In an effort to address this instability, stakeholders have been making solid investment moves to ensure continual, stable growth in the housing market.
Bullet List:
-The housing industry has been volatile in recent weeks
-Active listings surged by 9,470 within 2 weeks
-There was an increase of 343 in the week prior
-Confusion in the housing industry is reflected in the behavior of all parties involved
-Stakeholders are addressing the instability with investment moves to ensure continual, stable growth in the housing market
You can read this full article at: https://www.housingwire.com/articles/housing-inventory-gone-wild/(subscription required)
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