Sunday, 7 August 2022 | The Latest Buzz for the Appraisal Industry

Housing Supply Rises for First Time in Nearly Three Years

The number of homes for sale nationwide in June rose 2%, the first annual increase since July 2019 —according to a new report from Redfin. Supply has built up as the combination of 5.5%-plus mortgage rates, high home prices and a faltering economy push more buyers to the sidelines, thereby creating a more balanced market. …

The post Housing Supply Rises for First Time in Nearly Three Years appeared first on DSNews.

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