Property Valuation
When the Nashville real estate market has a 2-month supply of homes, this indicates a:
ABalanced market with neither buyers nor sellers having an advantage
BStrong seller's market with limited inventory and upward pressure on prices✓ Correct
CBuyer's market with abundant choices
DNormal market with stable prices
Explanation
A 2-month supply indicates a strong seller's market — typically a 6-month supply is considered balanced. With only 2 months of supply, there are far more buyers than available properties, creating upward pressure on prices.
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