Inventory shortage narrative fades as supply rises, price reductions hit 18.6%; October housing starts hit 80K—a clear sign of recessionary trends.

by
Sharing is Caring!

The inventory shortage narrative runs out of steam as Realtor pivots on supply and price

“This is the longest stint of four-plus months of supply in five years”

“The percentage of homes with price reductions was 18.6%” – higher than 2017-2019

See also  Tape a banana to it to boost its price to $7.5 million. Follow me for more art tips.

Just wait until Spring…

See also  November's layoff trend is alarming. The labor market shows clear signs of contraction.