Calculated Risk headline: Realtor.com Reports Weekly Inventory Up 28% Year-over-year; Inventory growth is slowing
https://www.calculatedriskblog.com/2022/08/realtorcom-report…
“Active inventory continued to grow, but the pace slipped to 28% above one year ago. The rate of improvement actually slipped this week as the number of new listings continues to come in lower. The big positive for today’s shoppers is that they have more homes to consider than last year’s shoppers did. Nevertheless, our July Housing Trends Report showed that the active listings count still trails its 2020 and 2019 levels by more than 15% and 45%, respectively. More improvement in active inventory is likely needed to bring balance, but the recent trend may be at-risk if homeowner attitudes toward selling now continue to deteriorate.”