Housing March 6th Weekly Update: Inventory Decreased 2.6% Week-over-week

Econ & Housing

by Calculated Risk on 3/06/2023 08:30:00 AM Altos reports that active single-family inventory was down 2.6% week-over-week. Usually inventory bottoms in early February, so we’d expect inventory to bottom seasonally soon.Here are the same week inventory changes for the last five years:2023: -11.0K2022: -3.7K 2021: -11.5K2020: +1.0K2019: -1.4K Click on graph for larger image.This inventory graph…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
High Mortgage Rates Continue to Weaken Builder Confidence | Eye On Housing
Stock futures are little changed ahead of Fed policy meeting: Live updates
Lumber Futures – September 20, 2023
Timber Skyscrapers: A Low-Carbon Typology for the 21st Century
Pine Pallet Lumber