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Low U.S. Housing Inventory Results in More Competition, Higher Prices, Older Homes

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4 Biggest Reasons Housing Inventory Levels Are So Low.. they won’t be able to purchase the $500K home in Boston for the same price because the prices have gone up for all homes, not just the one they own.. Another factor contributing to the low inventory of homes is the decrease in.

WASHINGTON (Reuters) – U.S. homebuilding surged to more than a 12-year high. low. Permits for the construction of multi-family homes increased 13.3% to a rate of 553,000 units last month. Despite.

As the housing market heats up and prices rise once again, existing home sales remain stuck at relatively low levels. The National Association of Realtors reports that some 4.5 million homes were sold in June 2013 at a seasonally adjusted annualized rate, roughly the same as at the end of the 1990s.

BUILDER Realtors: Housing Inventory At All-Time Low At the end of the fourth quarter, there were 1.48 million existing homes available for sale, which was 10.3% below the 1.65 million homes for.

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Housing inventory plummeted in the first quarter of 2017, but that drop is even more pronounced in the starter home and trade-up markets, according to a new report from Trulia.. Comparing the.

"The 2018 housing market is a double-edged sword for home flippers," said Daren Blomquist, senior vice president at ATTOM Data Solutions. "Rapidly rising home prices boosted by low available inventory.

Don’t expect the housing market to make any seismic waves in 2019. The market is ending 2018 on a low note with. to see more inventory on the market. Redfin reported this week that the number of.

The drop in inventory was prompted by low mortgage rates and has led to fast-paced sales and higher home prices. The number of homes for sale nationwide fell 2.5% from last year, according to a.

Real estate developers are betting big on U.S. prices, said Ian Goltra, a money manager at Forward Management LLC in San Francisco. Building and owning housing for the elderly have become more.

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