Industry News

Housing demand falling faster than inventories

Report: 15 of 19 markets saw inventories fall in Q4
Published on Jan 10, 2008

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by CareyBot

Inventories declined in 15 of 19 major U.S. markets during the fourth quarter as sellers dropped their listing prices in most areas, but time on market continued to increase, indicating that demand fell faster than inventories were reduced.

That's according to the Real-Time Housing Market Report published by Altos Research and Real IQ, which claims to be the most timely source of housing market data