Even though low affordability and inventory levels have become worth watching in recent times, homeowners can thank a healthy economy and the level of demand for improving their odds of finding prospective buyers.
Read More »Home >> Tag Archives: NYSAR
Rising Demand, Shrinking Inventory Fuel Median Price Growth
There are few more concrete examples of supply-and-demand economics in action than the housing market. A new report looking at April numbers shows a spike in demand and a corresponding spike in median prices. The B-side, of course, is that while demand rises, inventory shrinks, fueling the current sellers’ market.
Read More »