by Calculated Risk on 8/12/2022 11:29:00 AM
Today, in the Calculated Risk Real Estate Newsletter: Realtor.com Reports Weekly Inventory Up 28% Year-over-year
As the housing market slows, we need to watch inventory very closely. This will give us a hint on what will happen with house prices.
…Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report released yesterday from Chief Economist Danielle Hale: Weekly Housing Trends View — Data Week Ending August 6, 2022.. Note: They have data on list prices, new listings and more, but this focus is on inventory.
…Here is a graph of the year-over-year change in inventory according to realtor.com.