Inventory Rate: The housing market inventory rate remained stable at 1.3 months, with new construction inventory at 2.4 months and resale inventory at 1.0 months. Pending this week: There was a slight decrease in pending sales from the previous week, which dropped Continue Reading
Inventory Rate: The overall inventory rate strengthened to just a 1.2-month supply of homes, down from 1.5 months the previous week. The rate for new construction improved to 1.8 months from 2.0, while for resale properties, it decreased to 1.0 month from 1.2. Pending Continue Reading
Inventory Rate: The inventory rate has increased slightly to 1.5 months, up from the previous rate of 1.3 months. The rate for new construction homes has also increased to 2.0 months, while the rate for resale homes saw a smaller increase to 1.2 months. The inventory Continue Reading
Pending This Week: Pending home sales for last week totaled 151, indicating a slight increase from the previous week. Compared to the same period last year, there was about a 25% fewer pending sales. Of the 151 sales last week, 49 were new construction homes, and 102 were Continue Reading
