Newly built homes available on the market rose to 480,000, representing a supply of 9.1 months at the current sales rate, up from an 8.5 month supply in March, according to U.S. Census Bureau data.
Source: Inman News
US inventory rises to highest level since 2022 as new-home sales fall
Published in Agent, bright mls, census bureau, lisa sturtevant, Markets & Economy, new home sales, Select and Uncategorized
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