Wednesday, November 29, 2017

U.S. Home Shortage Eases in 2018, Realtors Say; Home Prices Next? - Bloomberg

U.S. Home Shortage Eases in 2018, Realtors Say; Home Prices Next? - Bloomberg



The shortage of listings that has defined the U.S. home sales market in recent years will begin to ease in the second half of 2018, according to a new report, but not before setting a record for consecutive months of decline....



...Florida metros occupy half the slots on Realtor.com’s list of areas where prices will grow the most next year....



....I think it will be a three-year recovery process to get back to normal,” Hale said. “We’re still going to be in a shortage situation in much of the country.”

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