A new report from the Fed suggests it was spiking demand, not a lack of homes for sale, that sent prices skyrocketing over the past two years.
Source: Inman News
Does a jump in demand fully explain the pandemic housing market?
Published in Coronavirus, coronavirus pandemic, COVID-19, danielle hale, demand, Industry News, interest rates, Markets & Economy, matthew gardner, mortgage rates, national association of realtors, new construction, pandemic, realtor.com, Redfin, Select, Taylor Marr and windermere
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