The housing market has seen a significant increase in available inventory, with more homes on the market than at any time since August 2020. Analysts project that this number is expected to continue rising, potentially peaking at around 700,000 homes available this summer. This influx of inventory could have wide-reaching implications for both buyers and sellers in the real estate market.
Key points:
– Current housing market has more homes for sale than at any time since August 2020
– Analysts predict inventory levels could peak at around 700,000 homes this summer
– Implications for buyers and sellers in the real estate market may be significant
You can read this full article at: https://www.housingwire.com/articles/unsold-inventory-is-rising-across-the-country/(subscription required)
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