Visit Calculated Risk

More on March Existing Home Inventory

Posted on April 22, 2008

For more, see my earlier post: March Existing Home SalesFor forecasting, probably the most important number in the existing home sales report is inventory; houses listed for sale. This tells us nothing about the number of distressed homes for sale (REOs, short sales). It also doesn't tell us about homeowners waiting for a 'better market'. But the NAR inventory report does provide a general idea of the supply side of the 'supply and demand' equation. Click on graph for larger image.This graph shows the inventory by month since 2002.There are two key points: During the boom years (2002 through ...

Original article link


existing home sales , supply side