5 Minutes in Real Estate
5 Minutes in Real Estate
5 Minutes in Real Estate
Supply & Demand Will Determine Future Home Values
9 minutes Posted Aug 9, 2018 at 2:56 pm.
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Will home values continue to appreciate throughout 2018? The answer is simple: YES! – as long as there are more purchasers in the market than there are available homes for them to buy. This is known as the theory of “supply and demand,” which is defined as:
“The amount of a commodity, product, or service available and the desire of buyers for it, considered as factors regulating its price.”
When demand exceeds supply, prices go up. Every month this year, …