Here are the results of the first-ever Cotality–ResiClub Brokerage Survey. Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter.
Resale housing market turnover is near a 4-decade low—here’s how agents say the industry is shifting
Why This Matters
The near four-decade low in resale housing market turnover signals a significant shift in the real estate industry, impacting agents, buyers, and sellers alike. This trend highlights changing market dynamics and could influence future housing affordability and inventory levels. Staying informed on these shifts is crucial for industry stakeholders and consumers to adapt strategies accordingly.
Key Takeaways
- Market turnover is at a 40-year low, indicating reduced housing transactions.
- Agents are observing notable industry shifts that may affect future market conditions.
- The new Cotality–ResiClub Brokerage Survey provides insights into evolving real estate trends.
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