Housing Market Is Not Sluggish, Lorber Says

The video discusses the current state of the housing market, comparing it to the post-pandemic bull market of 2021. It highlights that while the market may seem sluggish, it is more stable than pre-pandemic years. The high-end market is performing better than moderate markets, with a moderation in all-cash deals and waived contingencies. Inventory levels typically decrease in summer and increase after Labor Day, bringing more buyers. The discussion concludes with a focus on market normalization rather than a significant slowdown, despite potential interest rate hikes.

How does the speaker describe the current state of the housing supply in relation to demand?

What is the speaker's perspective on the potential for a significant slowdown in the housing market?