Real Estate Analysis and Commentary in the Mid-Hudson Valley

Supply & Demand
March 8th, 2023 6:56 PM

The U.S. supply of homes for sale rose at a record annual pace for the sixth month in a row, up 67.8% year-over-year in February, signaling the housing market's continued rebalancing, according to the most recent Realtor.comĀ® Monthly Housing Trends Report.  Despite the significant increase in inventory over last year's record lows, home prices are still growing, albeit at a slower pace of 7.8% over last February, a sign of still-high hopes from home sellers entering the market.

 


Posted in:General
Posted by Richard Binkowski on March 8th, 2023 6:56 PMPost a Comment

Subscribe to this blog