“Lack of existing inventory continues to drive buyers to new construction,” said National Association of Home Builders Chief Economist Robert Dietz.
Read More »Low Inventory Contributes to How Often Homes Change Owners
The rate at which homes change hands is down from its 2020 peak but has overall doubled in the last few decades due to insufficient housing.
Read More »Home Prices Retreat in Nearly All Major Markets
According to the new Knock Sellers-Buyers Market Index, of the top-100 largest metropolitan markets, 98 of them reported home price declines in September, while 15 markets reported home prices falling by more than 10% from their highs set earlier this year.
Read More »Off-Season Shoppers Find More Options Amid Sparse Inventory
As the housing market tries to adapt to multiple external influences, the fall housing market is offering off-season shoppers more options this fall comparatively to 2021, as inventory ...
Read More »Experts Predict a Slow Inventory Climb Back to Pre-Pandemic Levels
While listings are beginning to trickle back to the market, it is going to take a long time to fill the current inventory deficit.
Read More »For Sale Inventory Down 27% Annually
Analysis of the data says homebuyers are “out in force” despite available properties falling.
Read More »