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Housing: Inventory is Key

by Bill McBride on 2/09/2018 10:41:00 AM

The graph below shows the year-over-year change for non-contingent inventory in Las Vegas through January 2018, Phoenix and Sacramento (January 2018 not available yet for Phoenix and Sacramento), and also total existing home inventory as reported by the NAR (through December 2017). 
Inventory has increased recently in Sacramento (still very low), but is down Nationally, and in Phoenix and Las Vegas.

Posted by Bill McBride on 2/09/2018 10:41:00 AM