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Why Measures of Existing Home Inventory appear Different

Why Measures of Existing Home Inventory appear Different

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Apr 21, 2023
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CalculatedRisk Newsletter
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Why Measures of Existing Home Inventory appear Different
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Note: I mentioned this last year, but it is worth updating since different measures of inventory show significantly different year-over-year increases.

Yesterday the National Association of REALTORS® (NAR) reported that inventory was up 5.4% year-over-year:

Total housing inventory registered at the end of March was 980,000 units, up 1.0% from February and…

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