Monthly Supply and Housing Inventory – 06-23-15

Monthly Supply and Housing Inventory - 06-23-15

 

  • Home Sales Months Supply inventory decreased to 5.1 percent in May 2015 compared to 5.5 percent last May 2014.
  • Home Sales Month Supply inventory dropped by 7.3% compared to corresponding last year which had a growth of 10.0%
  • Housing Inventory increased to 2.29 Mn homes in May 2015 compared to 2.25 Mn last year.This translated to a 1.8% growth over last year
  • Despite actual inventory increasing, months supply decreased causing shortage of inventory

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