The National Association of Home Builders (NAHB) latest Housing Trend Report (HTR) reveals that overall buyers anticipate that it might be slightly easier to find and buy a home in the second half of 2020. According to the report 63% of prospective home buyers are expecting that home availability will tighten, or at best stay at current levels. This while 25%, up from 20% in the previous HTR, are optimistic and expect that it will actually easier to find a home to buy. In terms of the actual number of homes buyers who are seeing for-sale (that they like and can afford), 57% report seeing fewer or the same number available than three months earlier, whereas 29% report seeing more of such inventory.
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Expectations for Housing Availability See Slight Improvement