Part of the problem with trying to analyze any of the current data is that there is no precedent – any previous assumptions have little or no relevance to today’s market because of the lack of homes for sale.
We keep hoping there is going to be a surge of new listings , but it’s still not happening – we had more new pendings than new listings again this week. We would need a flood just to catch up with last year, which was less than half of what we had in the covid-affected era!
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