A housing market correction may be underway in Greater Baltimore. Inventory in the region increased for the second straight month in June and while the median sales price remains higher than a year ago, the rate of price growth is slowing, according to new figures released Thursday by Bright MLS. The changes to the housing market in Greater Baltimore come after nearly two years of high demand and low inventory that drove prices to record highs amid the pandemic.
Baltimore-area housing market sees ‘pull-back’ as inventory increases for second straight month
July 15, 2022