Home inventory is shrinking, but where does it really matter?

  • Trulia Inventory and Price Watch report measured the inventory of starter homes, trade-up homes and premium homes throughout the nation.
  • Premium homes have taken over 51.3 percent of the market share as of Q2 2016.
  • Inventory of both starter homes and trade-up homes has fallen in the past year leading up to Q2 2016.

The stock of available homes throughout the nation has taken a dip over the past four years, but that doesn’t mean prices are hiking in all markets, according to Trulia. The website’s Inventory and Price Watch report offers insight into localized inventory levels and affordability broken down by sectors: starter homes, trade-up homes and premium homes — and while California unsurprisingly has higher prices because of low inventory, an even larger metro hasn’t seen the same effects.