K-Shaped Housing Market Shift

New data indicates that the housing market remains heavily divided along economic lines, with demand for entry-level homes declining despite limited supply. Views per property have decreased for affordable homes, while luxury inventory has increased, and engagement at the high end remains stable. As lower-income buyers exit the market due to rising prices and mortgage rates, overall balance is not equating to market health, highlighting persistent disparities despite some signaling shifts toward equilibrium.

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