In a market where the supply curve for housing is perfectly elastic, how does an increase in housing demand affect prices?

In a market characterized by a perfectly elastic supply curve, suppliers are willing to provide any quantity of housing at a given price. This means that the price remains constant regardless of changes in demand. When demand for housing increases, buyers are willing to pay more for the same quantity of housing, but since the supply curve is perfectly elastic, the price does not rise. Suppliers will simply increase the quantity of housing available to meet the new demand without altering the price level. Therefore, while more housing units will be sold, the price remains unchanged, making it accurate to say that prices will not change in this scenario.