Economy Update Shrinking Inventory - The total inventory of homes - TopicsExpress

Economy Update Shrinking Inventory - The total inventory of homes available for sale fell in December for the first time in 16 months. The decline was very modest of less than 1 percent from the comparable month the year before. Nonetheless, it represents a reversal to the general growth of listings that had been occurring throughout 2014. Months supply is already low at 4.4 months. More inventories are needed, not less. Or else, home prices could re-accelerate. Sp... ow.ly/2TTVSX

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