Housing Inventory Slowdown Signals Potential Market Shift
By
CalculatedRisk by Bill McBride
Summary
The article discusses how housing inventory trends can be used to forecast the housing market and house prices. The author tracks inventory data from multiple sources including the NAR, Census Bureau, Altos Research, Realtor.com, and 40+ local markets. Recent slowing of inventory growth is highlighted as a potentially important signal for the housing market.
Source
Key quotes
· 3 pulledInventory growth has slowed recently, and this could be important for the housing market and house prices!
I watch inventory closely.
I also use weekly data from Altos Research and from Realtor.com.
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