Active housing inventory in the United States continues to recover.
Home Inventory is at a current level of 1.28M.
Increased from 1.20M last month and up from 1.08M one year ago.
This is a change of 6.67% from May 24 and 18.52% from June 23. pic.twitter.com/7tp47oiYcb
— AKM (@akm515) July 2, 2024
1) The inventory trends on the US Housing Market are very bifurcated right now.
Lots of supply coming online in the Sun Belt.
But not as much in the Northeast/Midwest. Inventory is actually down YoY in markets such as Cleveland, New York, Rochester, and Providence.
And Las… pic.twitter.com/V1scOtnV7k
— Nick Gerli (@nickgerli1) May 22, 2024
1) The inventory trends on the US Housing Market are very bifurcated right now.
Lots of supply coming online in the Sun Belt.
But not as much in the Northeast/Midwest. Inventory is actually down YoY in markets such as Cleveland, New York, Rochester, and Providence.
And Las… pic.twitter.com/V1scOtnV7k
— Nick Gerli (@nickgerli1) May 22, 2024
We have reached a new record low for U.S. pending home sales.
Bidenomics … prices out of control, affordability for 75% of population is out of reach. pic.twitter.com/CQ42sOsDJ6
— Wall Street Mav (@WallStreetMav) June 27, 2024