Home Sellers now outnumber Buyers by almost 500,000, the largest gap ever recorded 👀
Discussion
Does anyone have good information as to the reason this is the case?
Deleveraging of a national Ponzi scheme of debt and money printing.
Good. Maybe zoomers will be able to afford a house.
Prices are going to have to collapse before I even consider buying. Lots of pain ahead for sellers.
if no one is buying your shit you need to lower your prices.
just like if you have a line out the door that means you are charging too little.
Not in my country, thus I'm not sure how you would count home buyer, everyone is a potential buyer if price goes down low enough.