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Tag: Lawrence Yun

Housing Availability: Supply Demand Economics

Mon Oct 26, 2020 by on Real Estate

Housing Availability: Supply Demand Economics

For anyone who has been recently house-hunting, they will tell you the same story: the supply of available housing has decreased, increasing sale prices. According to a recent report, at the current sales pace, that represents only a 2.7-month housing supply which is the lowest since Realtors began tracking this number in 1982. While sales of existing homes rose higher […]