Bloomberg: Supply is Shaping up as Housing’s Problem in 2015

The lack of supply can drive a double-digit price increase in homes
April 2, 2015

Growth in inventory has been falling in recent months on a year-over-year basis, according to data from the NAR.

Bloomberg’s real estate reporter Johnathan J. Miller says this trend is a reason for concern. “The market might again experience the double-digit price increases of a couple of years ago, when there was a shortage of homes for sale,” he writes.

The decline in inventory suggests other issues in the housing industry, such as access to credit still tight.

Read more

Sign up for Pro Builder Newsletters
Get the latest news and updates.

Related

123129251 © Syda Productions | Dreamstime.com
Older homeowners