Monday, January 04, 2021

Housing Inventory: Starting the Year at Record Lows

by Calculated Risk on 1/04/2021 04:57:00 PM

One of the key questions for 2021 is: Will inventory increase as the pandemic subsides, or will inventory decrease further in 2021?

Tracking inventory will be very important this year, and I'll be using some weekly sources.

Lumcber PricesClick on graph for larger image in graph gallery.

This inventory graph is courtesy of Altos Research.

According to inventory is at 420 thousand (7 day average), compared to 764 thousand the same week a year ago.

Mike Simonsen discusses this data every Monday on Youtube.  Mike focuses on inventory this week, and also discussed how many houses are being rented.