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Real Estate Market Rollercoaster: Navigating the Battle of Supply and Demand in Q2 2023

By admin_leng | Published July 18, 2023

The real estate market has always been a rollercoaster of ups and downs, with supply and demand dictating the pace. As we wrap up the second quarter of 2023, it’s time to take a closer look at the current state of the market, particularly in terms of single-family homes and new construction. We’ll explore the latest inventory numbers, pending sales, and the overall market trend. So, hold on tight as we delve into the battle of supply and demand in the real estate market. At the end of Q1 2023, the total inventory of single-family homes on the market stood at 1,457. As expected, this number has increased to 1,605 single-family homes in Q2 2023. This surge can be attributed […]

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