Housing Markets Cooling Trends Amid Post-Pandemic Realignment
Wednesday, 12 June 2024, 01:17
Post-Pandemic Housing Market Trends:
New construction is soaring, resulting in a rise in available listings, which mirrors pre-pandemic levels. This surge is contributing to a cooling effect in the market.
Impact on Competition:
Competition is diminishing as the market adjusts to the increased supply of properties, according to fresh analysis from Redfin.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.