Demand for residential property is high as individuals and families located in dense urban areas or states with heavy COVID-19 lockdown protocols consider the South and West as locations for vacation homes. As a result, the existing home supply is in short order; in February, the most recent month for ... READ MORE >
National Association of Realtors
CHART OF THE DAY: As housing market heats up, inventory shrivels
Existing home sales in August topped 6 million for the first time since 2006 as big-city renters continued to flock to the suburbs for more space, including a home office and a yard to accommodate their new normal. Meanwhile, existing homeowners are hesitant to put their houses on the market, given ... READ MORE >