Strong Buyer Demand Outpace Home Supply in March

26 04 2013

Strong buyer demand for residential homes continued to outpace supply in March. The Buyer Traffic Index rose to 69 while the Seller Traffic Index inched up to 41. In many areas of the country Realtors reported low inventory levels of homes for sale. Tight inventory conditions have been cited as leading to higher prices and reduced time on market.

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One response

1 05 2013
ss

if only the appraisals would keep up with the market…..

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