Insight
Inventory has been growing for 24 consecutive months. The number of actively listed homes is up 15% year over year, and nationwide inventory is still 13% below pre-pandemic levels.
A Turning Point for the Housing Market? | Nov. Housing Market Update
Summary
A BiggerPockets blog post discusses the cooling housing market, indicating a shift towards a buyer's market. Hosts should understand this shift as it could mean more opportunities for better deals on properties and adjusting strategies for pricing and occupancy.
Key takeaway