The Tale of Two Markets

    Some Highlights:

    • An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices!
    • Inventory continues to rise in the luxury and premium home markets which is causing prices to cool.
    • Demand continues to rise with lower-than-normal inventory levels in the starter and trade-up home markets, causing prices to rise on a year-over-year basis for 80 consecutive months.

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