Inventory about to turn positive YOY: Bill McBride

May 9, 2022 Housing Update: Inventory down 1.6% yoy, inventory will likely be up yoy next week.

Bill McBride on Twitter: “Housing Inventory May 9th Update: Inventory Down 1.6% Year-over-Year https://t.co/rZfTnubKwh Inventory will likely be up YoY next week. I’ll start tracking vs 2 and 3 years ago. https://t.co/Rxyb0eYEZM” / Twitter

“but higher rates will discourage people from selling their house and will encourage them to stay put!”

doesn’t seem to be the case based on recent trends…

submitted by /u/Annual_Negotiation44
[link] [comments]

May 9, 2022 Housing Update: Inventory down 1.6% yoy, inventory will likely be up yoy next week. Bill McBride on Twitter: “Housing Inventory May 9th Update: Inventory Down 1.6% Year-over-Year https://t.co/rZfTnubKwh Inventory will likely be up YoY next week. I’ll start tracking vs 2 and 3 years ago. https://t.co/Rxyb0eYEZM” / Twitter ​ “but higher rates will discourage people from selling their house and will encourage them to stay put!” ​ doesn’t seem to be the case based on recent trends… submitted by /u/Annual_Negotiation44 [link] [comments]

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