Inventory edges slightly higher year over year as rates rise
Inventory rose to 871,063 in mid-August as rates stayed near highs, while pending sales fell year over year and price cuts hit 41.67%.
Inventory rose to 871,063 in mid-August as rates stayed near highs, while pending sales fell year over year and price cuts hit 41.67%.
BELLINGS Intelligence Score: 12
Why it matters
This is routine market data on housing inventory and sales trends amid rising rates, reflecting ordinary operating activity without novel implications for credit markets or underwriting standards.