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.
Sources
HousingWire
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%.