New listing volumes are the best lead indicator of the health of real estate. Right now there’s a precipitous decline in available inventory across the U.S. Fewer new listings leads to less inventory, which is causing an imbalance in supply and demand. Here’s a look at the data.
Source: Inman News
DelPrete: US inventory levels down 20-40%
Published in Analysis, Columns, Data, housing inventory, mike delprete, Opinion, Select, service, supply and demand and teams
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