Shortage of Homes For Sale has Spread Across All Price Ranges

According to the supply of homes for sale was in December 2019, was 12% lower when compared to December 2018. The shortage of homes for sale is worst on the low end of the market, but the supply drain is actually accelerating across all price tiers, and that includes the most expensive homes. Buyer demand is so strong, that whatever is on the market is sold quickly.

FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.