General World News

Housing Market Tracker: A notable drop in inventory

The housing market saw inventory fall 4% last week from the week before. That’s a big one-week change. Does that mean we are heading back to all-time lows in inventory again for 2023?

Traditionally, we do see housing inventory fall in the month of December, however, we clearly saw in the second half of 2022 that higher rates created more days on the market and inventory was lingering longer. During the last four weeks and especially this past week, we are seeing inventory decline faster than expected. 

So, is details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com