Markets & Economy

An economist explains the historically low housing inventory

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

“In a normal market, price motivates people to sell, but that’s not the case this time around.” That’s just the beginning of the explanation that Windermere’s chief economist, Matthew Gardner, gives for the low inventory that’s plaguing housing markets all over the country — there’s a domino effect to the lack of motivation to sell.