Friday, August 8, 2008

August 2008 Inventory

Inventory is somewhat steady compared to last month, but is still down 22% compared to last year. This month's data is sorted by the biggest drop compared to last year. Data was collected from ZipRealty site for SFHs. The increases are in green, and decreases are in blue.

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Jacob said...

I wonder how much of the inventory drop is due to people giving up on selling now and "waiting for the market to recove to 2005 prices" and also how much inventory the banks are still holding back.

Foreclosures have increased a lot since last year, that inventory is somewhere.

August 8, 2008 at 11:27 AM

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