Buyer Demand Still Outpacing Supply of Homes

Buyer Demand Map Real Estate Salem Oregon Realty Quinn Burke Harvey

The price of any item is determined by the supply of that item, as well as market demand. The National Association of REALTORS(NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the relationship between Seller Traffic (supply) and…

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