Summary List Placement

Housing prices have skyrocketed during the pandemic, as it seems many people bought new homes. But something else is going on, too: not enough homes are hitting the market.

A report from real estate analytics corporation Black Knight puts into perspective just how dire the situation is:  housing inventory is down by 40% compared to the same time last year, with new listing volumes down 16% year-over-year in January and 21% in February, amounting to a 125,000 deficit in inventory compared to 2020 levels.

“Any hopes of 2021 bringing an influx of homes to the market details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: BusinessInsider.Com