The available inventory of homes is peaking in summer, with slight fluctuations expected in the upcoming weeks, indicating a market slowly adjusting to demand.
Easing mortgage rates may not guarantee increased homebuyer activity, as current trends suggest buyers remain hesitant amidst ongoing inventory challenges.
The U.S. real estate market currently has about 704,000 unsold single-family homes, a slight decrease from the previous week, reflective of typical seasonal dips.
With only 59,000 new unsold listings and 10,000 immediate sales, the market continues facing supply constraints, leaving serious implications for future ever-shrinking inventory.
Collection
[
|
...
]