Housing market potential increases, but remains squeezed by supply shortage, according to first american potential home sales model

Santa ana, calif.--(business wire)--first american financial corporation (nyse: faf), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today released first american's proprietary potential home sales model for the month of may 2023. the potential home sales model measures what the healthy market level of home sales should be based on economic, demographic, and housing market fundamentals. may 20.
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