Reported 2 days ago
The U.S. housing market is increasingly split due to migration patterns, with rising home inventories in the South and tight markets in the North. As migration slows, particularly from the Sunbelt to Midwestern and Northeastern states, inventory dynamics are shifting. In 2024, home prices are projected to increase by about 5%, despite lower sales activity. The article highlights ongoing disparities in home availability and sales trends as the nation adjusts to these migration changes.
Source: YAHOO