Undersupply
Definition of "Undersupply"
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.
Popular Real Estate Terms
Release of a portion of a property from a mortgage. ...
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Increase in the value of real or personal property. The price may increase because of a number of factors, such as shortage in supply, improved economy , favorable political environment, ...
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