High demand, low supply → ↑ prices; oversupply, low demand → ↓ prices.
Equilibrium price reached when supply matches demand in the market.
Interest rates, economic conditions, and demographics influence housing supply and demand.
Supply and Demand’s Effect on Housing | Carol Strom real estate broker. Founder of USAfitpros.com 50 state Telehealth and Labs bolt-on virtual LegitScript business
