General World News

Housing inventory under 1M again as sales collapse

On Friday NAR reported that total housing inventory levels broke under 1 million in December, dropping to 970,00 units for a population of 330 million people. And existing home sales crashed in 2022 from a peak of around 6.5 million in January down to about 4 million in December,

We now have total inventory levels near all-time lows again. In one of the most historical years in the U.S. housing market, we just experienced an event that most people never thought could happen. I know it sounds so details ⇒

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