A 3.05 month
supply of homes indicates a slight seller's market.
Phoenix's meager 2.6 - month
supply of homes indicates a supply shortage.
Not exact matches
Housing - related companies also outperformed after the Case - Shiller Index
of home prices rose more than forecast and pending sales
indicated demand is outstripping
supply.
Of the 4 counties we serve, there are pockets of extremely low inventory indicating a strong Sellers» market and there are other pockets where there's inventory in excess of a 10 - month supply of home
Of the 4 counties we serve, there are pockets
of extremely low inventory indicating a strong Sellers» market and there are other pockets where there's inventory in excess of a 10 - month supply of home
of extremely low inventory
indicating a strong Sellers» market and there are other pockets where there's inventory in excess
of a 10 - month supply of home
of a 10 - month
supply of home
of homes.
This
supply of homes describes Absorption * rates; how many
homes are available for sale to meet the demand
of Buyers as
indicated in prior month sales.
Instead
of following the typical rules
of supply and demand, which
indicate that prices rise when demand is high and
supply is short,
home values in the city are staying relatively flat.
«The inventory
of available
homes and the months»
supply of inventory continue to decrease, while the average sale price in the single - family market continues to increase,
indicating that we remain in a highly competitive sellers» market.