Housing inventory in the US housing market has seen a significant drop since the start of the year, down below the levels of the previous year.
This decrease is especially stark when comparing the number of active listings in the start of 2022, with 30,940, to 2021 where we are seeing only 5,848 active listings. This decrease signals a tight housing market, with inventory low and demand high.
– Housing inventory is lower than 2022 levels
– In the start of 2022 there were 30,940 active listings, while in 2021 we are seeing only 5,848
– This signals that the housing market is tight with little inventory available and high demand
You can read this full article at: https://www.housingwire.com/articles/housing-market-tracker-inventory-is-negative-yoy/(subscription required)
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