Secrets to spot top real estate markets easily
Housing Demand and Supply
The balance between housing demand and supply is another critical factor in determining the attractiveness of a real estate market. When demand outpaces supply, property prices tend to rise, making it a seller's market. Conversely, when supply exceeds demand, buyers have more negotiating power. Monitoring new construction projects and housing inventories can provide valuable insights into future market trends. The National Association of Home Builders regularly publishes data on housing starts, which can be a useful resource for investors3.