Housing Market Not Showing Any Life

Inventory levels of existing homes had been steady for several months but preliminary April figures show another spike to more than 11 months of supply. The housing market cannot improve until the supply and demand picture does and these numbers are pretty ugly. When supply is growing faster than demand, prices will continue to fall, so investors should keep this in mind when allocating investment dollars to anything that is dependent on home prices.

Enjoy this post? Subscribe and never miss another one: RSS | Email | Twitter

Comments are closed.

Post Navigation