Housing Inventory in U.S. Falls to New Lows
Zillow | October 21, 2019
According to Zillow latest Real Estate Market Report for September 2019, the gains from a modest buildup of inventory earlier this year were more than erased during the 2019 home shopping season. Inventory grew year-over-year in each month between September 2018 and February 2019, likely due to softening demand after a period of rapid price growth. This reversed a stretch of 44 consecutive months of inventory declines dating back to January 2015.