Monday, July 22, 2019
Housing supply and buyer demand mismatch is pushing buyers out of the market
Housing supply and buyer demand mismatch is pushing buyers out of the market: In June, the average American home listing price hit a high of $316,000, according to Realtor.com’s Housing Trend Report, reaching its annual peak earlier than expected thanks to a mismatch of available inventory and buyer demand. This discrepancy has led the company to warn of an impending market shift that could affect homebuyers well into next year.
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