Housing inventory rates falling in much of the country, Trulia says

  • National starter home inventory fell 10.7 percent, trade-up homes dipped 9.2 percent and premium homes fell 3.6 percent annually in the third quarter of 2016.
  • Florida metros Cape Coral-Fort Myers and Miami came in the top two spots for annual increasing inventory rates, at 36.7 percent and 33.1 percent, respectively.
  • Florida and California each had five cities each on the list of major metros that saw annual inventory increases in Q3 2016.

Let's make 2018 your breakout year!
Join real estate's best to unlock growth at Connect SF, July 17-20, 2018

Low inventory rates have been putting a damper on the housing market throughout the nation, and these rates continue to drop nationally in the third quarter of 2016, according to a new report.