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Us Housing Market: Buyers Far Outnumber Sellers, yet Prices Remain Unchanged | Us Real Estate Market
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Us Housing Market: Buyers Far Outnumber Sellers, yet Prices Remain Unchanged | Us Real Estate Market
Former Costa Mesa, California mayor and land developer Jim Righeimer stated that the U.S. housing market is behaving quite abnormally. Despite homebuyers leaving the market, prices haven't fallen. A report from real estate platform Redfin shows that home prices still rose slightly by 0.2% in November. Meanwhile, the number of sellers in the U.S. housing market exceeds the number of buyers by 37%. Both sides...
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