Report:: Market indicators continue to point to an imminent slowdown in home price gains—further allaying fears of another housing bubble in the making, Capital Economic says.
In the firm’s latest edition of US Housing Market Analyst, property economist Paul Diggle notes investor activity has fallen off nearly one-fifth over the last four months, with investor sales dropping from 23 percent to 18 percent as the inventory of heavily discounted distressed homes declines.
On the other hand, the ongoing rise in prices has encouraged more sellers to enter the market,bringing new listings up faster than home sales and resulting in a 10 percent inventory improvement since the start of 2013.
Investor Demand Starts to Cool: The proportion of investors involved in the housing market has fallen in the last few months. Read more...
Investor Demand Starts to Cool: The proportion of investors involved in the housing market has fallen in the last few months. Read more...
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