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Following national trends, housing inventory is up in Maryland

June 14, 2022

Maryland’s real estate market is following nationwide housing trends, with prices continuing to grow even as inventory also increases. The past several months have seen an increase in real estate inventory throughout the United States, after falling to a four-decade low during the pandemic, according to reporting in Fortune Magazine. In Maryland, the amount of inventory has been rising since hitting a low of 5,217 active units in February, per data provided by Maryland Realtors, an association representing the state’s real estate agents. According to the organization’s May 2022 data, that number has since increased to 7,706, though it is still down about 35% from this time last year. 

Article Source: The Daily Record

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