Watch episode #21, the newest RiskWire webcast, where Veros’ Economists analyze rising housing inventory and the stubbornly high home prices. Discover how the pricing, location, and condition of available homes have contributed to reduced interest among buyers, while high mortgage rates and unrealistic seller prices have led to prolonged periods of time on the market for houses.
Highlights from the episode include:
- Increase in the housing supply from less than 1 million in December 2023 to 1.28 million in May 2024
- Housing inventory is still lower than one of a balanced market
- Housing prices have remained high due to many available homes having undesirable traits and becoming stale on the market
Don’t miss out on this insightful discussion to stay informed and remain up to date in an always revolving market – Watch the episode now.
