US housing market sees record gap of 630,000 more sellers than buyers
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The US housing market is experiencing a record gap between the number of sellers and buyers, with sellers outnumbering buyers by 630,000. This mismatch has resulted in a significant amount of "stale" inventory, with some reports indicating that nearly 50% more homes are for sale than there are buyers. However, the impact of this gap on the market is unclear, with some outlets suggesting it could give buyers leverage, while others predict it could lead to plummeting house prices in some areas.
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