HomeIndustriesHomebuilding & Real EstateHousing Market Demand: U.S. South Strong but Slowing, Inventory Levels Low

Housing Market Demand: U.S. South Strong but Slowing, Inventory Levels Low

Lawrence Yun from the National Association of Realtors gives his take on the housing market. He says they need a significant influx of inventory to reach pre-COVID levels, and consumers are looking for more options. Regional trends he’s watching include demand in the South and the Rocky Mountains. “For a big surge in activity, we need a 6% mortgage rate.”

Morning Movers

21 Feb 2025

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