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Sort of. In August 2021, there were 1.29 million units for sale, down 13% from August 2020. But one analyst told CNBC that the lack of supply is a blip, and that the “downward trajectory of population growth [and] household formation” means we’re overbuilding, which is bad for the...
If you’re wondering whether you shouldbuy a house now, or waitin the hopes that prices might come down significantly, you could be out of luck. September’s price tag marked the 15th straight month of year-over-year price jumps. The housing market tends to follow the law of supply and...