Housing

Poll: Housing Inventory Won't Return To Pre-Pandemic Levels Until 2024

According to a survey conducted by Zillow, 38% of housing market experts don't expect inventory to stabilize until the end of 2024.

Poll: Housing Inventory Won't Return To Pre-Pandemic Levels Until 2024
Gene J. Puskar / AP
SMS

If you're waiting to buy a house, hoping for housing inventory to return to pre-pandemic levels, then you may be waiting for a while.

Rents Reach 'Insane' Levels Across U.S. With No End In Sight
Rents Reach 'Insane' Levels Across U.S. With No End In Sight

Rents Reach 'Insane' Levels Across U.S. With No End In Sight

In the 50 largest U.S. metro areas, median rent rose 19.3% from December 2020 to December 2021.

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The online real estate company Zillow conducted a survey involving housing market experts and 38% say there probably won't be a rebound until 2024.

Only 4% of respondents said it could happen this year. 37% said the market could stabilize by 2023.