September/October 2014 Market Pulse

September/October 2014 Market Pulse

Inventory constraints are lessening, but affordability will still be a major issue heading into the next few months.

Demand still exceeds inventory, but more houses are coming on the market. The improving inventory trend is helping to moderate home price growth, and interest rates remain historically low. Still, housing affordability is expected to worsen in coming months as income trails price appreciation and monetary policy is tightened.

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