Definition of "Undersupply"

Keisha  Tompkins real estate agent
Keisha Tompkins, Real Estate Agent Keller Williams Realty Atlanta Partners

Lack of supply of real property. When demand exceeds supply, price of the property goes up. For example, if there are only a few homes in a town that everyone desires to reside in, the prices of those homes will increase.

Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Real Estate Terms

Popular Real Estate Questions