Comment on America is facing a housing shortage — here's why more people aren't selling their homes

America is facing a housing shortage — here's why more people aren't selling their homes

Getty Images/Mark Wilson The housing market is tight, with rising demand and limited supply. But despite surging house prices, many existing homeowners aren't selling homes. That's because of two main market dynamics at play. In March, the housing market continued to underperform its potential. Actual existing home sales are 4.5 percent below the market potential for home sales, according to our Potential Home Sales model.

 

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