«For years after the collapse in housing, home builders have kept very lean inventories of new homes so any marginal pickup in sales activity leads to a notable pickup in building,» said Ellen Zentner, a senior economist at Nomura Securities International in New York. (articles.chicagotribune.com)
And this was despite leaner inventory to ward off the risk of discounting heavily in the case of weak sales. (fortune.com)
Homes sold quickly, but lean inventory levels caused existing - home sales to shift downward in June. (nar.realtor)