flexiblefullpage - default
Currently Reading

These Popular Markets Are Expected to See the Biggest Inventory Gains in 2023

billboard - default
Housing Markets

These Popular Markets Are Expected to See the Biggest Inventory Gains in 2023

After reaching all time lows over the past two years, inventory is on the rise in metros like Salt Lake City and Dallas 

February 3, 2023
Salt Lake City aerial view
Image: Stock.adobe.com

Over the last 12 months, none of the nation’s 100 largest housing markets have favored homebuyers, but in a market correction, a few locations offer new benefits. Inventory is expected to increase 17% nationwide in 2023, but the number of homes available for sale is expected to decline in half of the largest 100 markets, Forbes reports. 

Luckily, popular markets like Salt Lake City, Dallas, and Denver will see rising for-sale inventory in the year ahead, giving priced-out buyers a long-awaited opportunity to become homeowners.

If one thing is true about 2023, it’s that buyers will experience different scenarios based on their location. 

The top 10 markets likely to see the biggest gains in for-sale homes in 2023 in rank order are: Salt Lake City; Dallas, Denver; Charlotte, North Carolina; Memphis, Tennessee; Las Vegas; Charleston, South Carolina; Colorado Springs, Colorado; St. Louis and New Orleans.

Read more

Related Stories

House Review

Down Payments Are Shrinking, but Not in These Pricey Metros

The typical down payment is 10% smaller than it was a year ago, but buyers in these costly metros are still dishing out the big bucks for home purchases

Housing Markets

As Climate Change Accelerates, These Southwestern Markets Are Safe Havens

Due to their high elevations, these housing markets are less susceptible to property damage from increasingly aggressive natural disasters

New-Construction Projects

In These States, It May Actually Be Cheaper to Build Than to Buy

As homebuying obstacles mount, building a home is more affordable than purchasing one in these states

boombox1 -
native1 - default
halfpage2 -

More in Category

native2 - default
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.

Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.