Report: Housing Market Inventory Could Increase in 2021 – 2022
By Brandon Cornett | May 12, 2021 | © HBI, all rights reserved
Key highlights from this report:
Housing market inventory is expected to increase later in 2021.
In fact, we’re seeing some early signs of this already.
Home buyers could have more options later this year, and in 2022.
We need inventory growth in order to cool an overheated housing market.
For many months now, the message to home buyers across the U.S. has been the same. “Good luck finding a house to buy.” Chronically low housing supply has frustrated buyers, fueled bidding wars, and led to record home-price growth.
But there might be some much-needed relief on the horizon. According to recent and numerous reports, U.S. housing market inventory levels are expected to increase during the latter half of 2021. Home buyers who purchase later this year, or in 2022, could have an easier time finding a suitable property. Read more...
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