Inventory Archive

November 2016 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity rose for the third straight month. November’s existing-home sales reached the 5.61 million seasonally adjusted annual rate and existing-home sales are up 15.4 percent from a...

Housing Shortage for How Long?

The inventory of homes for sale continues to shrink. There were 2.02 million homes listed for sale at the end of October, representing only 4.3 months’ supply. A balanced market would be closer to 6-to-7 months’ supply.  From a...

Student Loan Debt and Inventory

Student debt has grown significantly in recent years and with it concern over the impacts on first-time homebuyers. However, limited to no attention has been paid to the connection between student debt and constrained supply. A significant share of...

October 2016 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity rose for the second straight month. October’s existing-home sales reached the 5.60 million seasonally adjusted annual rate and existing-home sales are up 5.9 percent from a...

September 2016 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity bounced back this month. September’s existing home sales reached the 5.47 million seasonally adjusted annual rate and existing-home sales are up 3.2 percent from a year...