“We’ve seen welcome growth in single-family home and condo inventory in the second quarter of 2018,” said Scott Higashi, president and CEO of Locations. “With more inventory to choose from, competition among prospective homeowners has eased slightly—as noted by a dip in bid-ups of 15 percent and nine percent, respectively.”

“We’re pleased to see more choices for prospective homeowners this spring, with increases to both single-family and condo housing stock,” said Scott Higashi, president and CEO of Locations.

With prices on the rise in almost every neighborhood across the island, we've heard some would-be homeowners wonder aloud if the Oahu real estate market is heading toward a bubble. In short, the answer is no.