Housing Inventory Forecast for the remainder of 2022

Hi Friends!We hope you had a wonderful 4th of July and you are enjoying your summer!
The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year?To help answer those questions, let’s turn to the experts for projections on what the second half of the year holds for residential real estate.

Experts say that growth will continue. Recently, realtor.com updated their 2022 inventory forecast. In the latest release, they increased their projections for inventory gains dramatically, going from a 0.3% increase at the beginning of the year to a 15.0% jump by the end of 2022 (see graph below):

Housing Inventory Forecast for the remainder of 2022

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