Tag: House Sales

November 15, 2012

Housing Inventory Drops to New Lows

November 15, 2012

What does housing inventory mean? Inventory is calculated according to a month’s supply, or the number of months it would take to sell the housing inventory based on the current sales rate. So, this means that if there are 100 ¬†homes on the market and 10 sell per month on average, then 100 homes=10 months

Read More