/biz/ - Business & Finance

>>50367448
>Right now in my area prices are down more than 10%, inventory has tripled
Nope see pic
>More inventory is coming on
Nope, builders are halting construction

>>50363267
Nope

>>50356838
Supply is way down

>>50282980
The housing market isn't correcting until inventory is higher than it's been for a decade. We are far from that.

>>50222800
Yes yes nice digits, HOWEVER

>>50215757
We have a very long way to go to seeing prices falling. If the available homes doubles we just return to normal price appreciation.

>>50201648
The recent price increase was caused by a lack of supply and there is still a low supply

>>50191361
This is why. There is too little supply.

>>50177723
As long as supply is dramatically lower than pre-pandemic levels housing prices aren't falling

>>50175440
When already near zero any increase will look huge on a percentage basis. We are still far below pre-pandemic levels.

>>50167680
This chart makes zesty Stacey wet and rentoids seethe. Think of the zestimate.

>>50166356
We are a long way from a bear market in housing

>>50164668
Here's the US active listings. We are still less than half of pre-pandemic levels when prices were already increasing. A bear market is a long way off.