Tight Inventory Restrains Housing Markets Across the Country

February 20, 2015

The Monthly Data Report released by Realtor.com revealed that many markets are restrained due to low housing stock.

However, four markets are experiencing positive economic momentum. Jersey City, N.J., Jacksonville, Fla., Pittsburgh, and Tampa, Fla., are all experiencing strong job recovery, growth in new construction, healthy growth in home prices, and growth in sales, according to Realtor.com Chief Economist Jonathan Smoke.

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