by Calculated Risk on 11/15/2021 01:26:00 PM
Today, in the Real Estate Newsletter: 4th Look at Local Housing Markets in October
Here is a summary of active listings for the housing markets that have reported so far in October. For these markets, inventory was down 6.9% in October MoM from September, and down 25.2% YoY.
nventory almost always declines seasonally in October, so the MoM decline is not a surprise. Last month, these markets were down 23.1% YoY, so the YoY decline in October is slightly larger than in September. This is not indicating a slowing market.
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