- Prior was 4.81m
Details:
- Sales change -0.4% vs -5.7% m/m prior
- Inventory 1.28 million or 3.2 months vs 3.2 prior
- Median price $389.5K, up 7.7% y/y, down 2.4% m/m
- Prior price 399.2K
Here's a data point I prefer, which is the total inventory of US single family homes for sale from Altos Research. It shows that sellers aren't putting homes on the market, even with home prices falling.
