The bottom line: More worrying than interest rates these days is pace of home price appreciation, which is fueled largely by insufficient inventory for a growing population. (realtormag.realtor.org)
The imbalance is indicative of a market in which insufficient inventory is colliding head - on with soaring values — and Power Brokers are adapting in pioneering ways. (rismedia.com)
Economists at the agency predict that the average rate this year will be 3.9 percent and that, coupled with an uptick in home prices because of insufficient inventory, could put additional constraints on homebuying power. (chicagotribune.com)