【World Property Journal】$2 Trillion of U.S. Home Value Gains Enjoyed in 2023

There's a shortage of homes for sale. Many homeowners are hesitant to put their houses on the market because they scored an ultra low mortgage rate in recent years, and selling would mean giving it up. Supply is even more constrained than demand, meaning buyers are competing for a limited pool of homes. That's propping up values for both homes that are already for sale and those that could hit the market in the future.

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