10/25/2009
Home-buying euphoria tapers off For the first time in months, supply outstrips demand but supply glut is unlikely By Fiona Chan A quiet period is always a good time for taking stock – and the rare breather in the housing market right now is allowing buyers to size up the state of home supply. As the feverish pace of new home sales begins to subside following price hikes and the Government’s efforts to cool the market, the stock of available homes for sale is beginning to outstrip demand for the first time in months.
