Housing Supply is Finally Improving, as High Prices and Rising Rates Affect Sales
According to new data from Realtor.com, the supply of available homes that are for sale could increase in the coming weeks. The data suggests a positive turn of events for buyers, with the potential for year-over-year inventory growth within the next few weeks. The reason for this increase in supply is likely because of slow sales due to record high home prices and rapid increases in mortgage rates.
Learn more at CNBC.com: “Housing Supply Is Finally Improving, as High Prices and Rising Rates Weigh On Sales.”