Will Inventory Constraints Ease in 2018? – NMP
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Will Inventory Constraints Ease in 2018?

Nov 29, 2017
The ongoing problems regarding shrinking inventory will see a turnaround next year, according to Realtor.com’s 2018 National Housing Forecast

The ongoing problems regarding shrinking inventory will see a turnaround next year, according to Realtor.com’s 2018 National Housing Forecast.
 
“Next year will set the stage for a significant inflection point in the housing shortage,” said Javier Vivas, Director of Economic Research for Realtor.com. “Inventory increases will be felt in higher priced segments after spring home buying season, which we expect to take hold and begin to provide relief for buyers and drive sales growth in 2019 and beyond.”
 
Realtor.com predicted four major housing trends for 2018: an increase in inventory levels by the third quarter, a slowing in home price appreciation to 3.2 percent year-over-year growth, an increased presence of Millennial homebuyers, and a dominance by Southern metro markets in overall sales growth. But Realtor.com warned that the tax reform legislation that is still evolving in Congress could shift the equation in a variety of directions, depending what (if anything) is passed into law. 
 
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Phil Hall
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Nov 29, 2017
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