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It’s Simply Lack of Supply
April 25, 2021 at 8:31am | Alice Siegel
This Isn’t a Bubble.
It’s Simply Lack of Supply
Some Highlights
In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR),
discussed the state of today’s housing market.
When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this “is not a bubble. It is simply lack of supply.”
Today's housing market is healthy, and rising prices are driven by real buyer demand.
We should talk about the best ways to navigate such an energetic market.
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