How is the housing market likely to be affected when a new business moves into town, increasing job availability?

When a new business moves into town and increases job availability, it typically leads to a rise in demand for housing. More jobs often attract more people looking for employment, which can include both new residents relocating to the area and existing residents seeking better accommodations.

As job availability increases, so does the number of individuals and families looking for homes. This surge in demand tends to create a seller's market, where the demand for housing outstrips the available supply. In a seller's market, home prices generally rise because buyers are competing for a limited number of homes, making it more advantageous for sellers.

Such economic changes can stimulate the local economy and subsequently influence various sectors, including real estate. Thus, the correct response reflects the expected impact of increased job availability on housing demand, leading to a more competitive environment for buyers and a favorable situation for sellers.