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Realtor.com: Housing Inventory Constraints Should Ease in 2018
Inventory constraints in housing that have been leading to huge increases in home prices nationally should begin to ease in 2018, 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.” Tax reform, however, is the wild card.
In the meantime, realtor.com’s forecast for the top 100 metros ranked the Dallas-Fort Worth area as second when it came to 2018 sales growth and price growth. Las Vegas took the top spot.
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