CAR President Melanie Barker noted that "An increase in homes for sale, along with lower borrowing costs, is expected to encourage more buyers and sellers to enter the market in 2025." This suggests a revitalized market, yet with existing price pressures.
CAR Chief Economist Jordan Levine stated, "Although (for-sale) inventory is expected to loosen as rates ease, demand will also increase with lower mortgage rates and limited housing supply." This indicates that the competitive dynamics will persist despite a broader inventory.
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