Home appreciation breaks new records as demand crush persists, but inventory crunch shows signs of relenting
- Driven by a seasonal rise in new listings, for-sale inventory fell only 1.1% month over month, a marked improvement after three consecutive months of drops around 8%.
- Home values rose 1.2% in March, the largest monthly jump in 25 years.
- Rent recovery picked up steam with the largest monthly rise since 2014.
PR Newswire
SEATTLE, April 23, 2021
