Housing Inventory May Have Bottomed Seasonally

Altos Research reports inventory up 3.1% last week

Tracking existing home inventory is very important in 2022.

Inventory usually declines in the winter, and then increases in the spring.  It appears that inventory bottomed seasonally at the beginning of March 2022.

This inventory graph is courtesy of Altos Research.

As of March 11th, inventory was at 249 thousand (7-day average), compared to 241 thousand t…