Realtor.com Weekly Inventory Up 40% Year-over-year; Now Above Same Week in 2020

As I noted some time ago, Inventory will Tell the Tale about the housing market. Housing inventory is still historically low, but increasing, and the pace of growth has picked up recently.

We need to watch inventory very closely. This will give us a hint on what will happen with house prices, although prices are already falling even with fairly low level…