Inventory is down year over year, but months of supply says the market is functioning

Why it matters

This is routine housing market data indicating stable supply and modest price growth, reflecting ordinary market functioning without material impact on credit markets or monetary policy.

Sources

• HousingWire

  Inventory is down year over year, but months of supply says the market is functioning

  Inventory is down slightly year over year, but active supply near 1.54 million and 4.6 months is holding price growth to 2.0%.