Housing supply is surging as a record number of buyers get cold feet amid sky-high prices, Redfin says

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Housing supply is surging as a record number of buyers get cold feet amid sky-high prices, Redfin says

https://www.businessinsider.com/houses-for-sale-supply-inventory-costs-mortgage-rates-prices-fed-2024-8?

Housing supply in the US rose a record 14% in July as homebuyers canceled agreements due to high costs and economic worries, a Redfin report said.

Housing supply is surging as a record number of buyers get cold feet amid sky-high prices, Redfin says