Friday, January 25, 2013

What’s Behind Falling Housing Inventories?

What’s Behind Falling Housing Inventories?
Home prices are increasing across the country as the number of homes for-sale continues to fall. But at a time when buyer demand is picking up, why is inventory still so low? 

Inventories fell to 1.82 million at the end of last year, a 21.6 percent drop from one year earlier, the National Association of REALTORS® reports. 
This report shows the absorption, or supply of homes, within the last months. 
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