Declining Demand and Limited Supply Drive Prices Up In December, home sales reached their lowest level in over a decade due to the ongoing imbalance between demand and supply. This resulted in a surge in prices, bringing the year to a close on a high note. Sales Activity Hits Rock Bottom Sales activity in December hit its lowest point since August 2010. The National Association … [Read more...] about Home Sales Reach Lowest Level in a Decade
supply and demand
Rental Apartment Market Faces Surge in Supply
The rental apartment market is poised to experience an unprecedented surge in supply this year, with the construction of multifamily units reaching levels not seen since the 1980s. According to Census data analyzed by CoStar Group, a commercial real estate services and analytics firm, approximately 520,000 new multifamily units are expected to enter the market in the near … [Read more...] about Rental Apartment Market Faces Surge in Supply
