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In 2020 there has been a significant increase in the construction of new housing stock and during the same period a significant rise in the

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In 2020 there has been a significant increase in the construction of new housing stock and during the same period a significant rise in the demand for homes was observed. We know that during that time period both price and the level of homes traded increased. Fased on that information what most likely happened in the market? A. There was only an increase in supply as opposed to demand B. The rise in supply outpaced the rise in demand. C. The rise in demand was perfectly matched by rise in the supply. D. The rise in demand outpaced the rise in supply

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