Home inventory uptick expected

By Kate Douglas | Housingwire

Nearly 65% of homeowners planning to sell this year expect to list by the end of summer, which should provide a much-needed influx of inventory that should slow the explosive home price growth seen during the pandemic, according to a Realtor.com survey of prospective sellers.

Realtor.com Wednesday released the results of the online survey of 3,000 consumers conducted in February by HarrisX. More than six in 10 prospective 2022 sellers said they intend to put their homes on the market within the next six months, suggesting some upcoming relief to one of the worst housing shortages in history, it found.

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