Housing

Poll: Housing Inventory Won't Return To Pre-Pandemic Levels Until 2024

According to a survey conducted by Zillow, 38% of housing market experts don't expect inventory to stabilize until the end of 2024.

Poll: Housing Inventory Won't Return To Pre-Pandemic Levels Until 2024
Gene J. Puskar / AP

If you're waiting to buy a house, hoping for housing inventory to return to pre-pandemic levels, then you may be waiting for a while.

Krystal Guerra, 32, poses for a picture outside her apartment

Rents Reach 'Insane' Levels Across U.S. With No End In Sight

In the 50 largest U.S. metro areas, median rent rose 19.3% from December 2020 to December 2021.

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The online real estate company Zillow conducted a survey involving housing market experts and 38% say there probably won't be a rebound until 2024.

Only 4% of respondents said it could happen this year. 37% said the market could stabilize by 2023.