At the current pace, there is a four - month supply of homes on the market — much lower than the norms of six to seven months. (nvbr.com)
One of the main drivers of escalating home prices is a lack of supply of homes on the market. (nreionline.com)
The housing recovery is being driven by dwindling supplies of homes on the market, especially distressed properties that tend to sell well below their cost of construction. (articles.chicagotribune.com)