Months’ Supply of New Homes at Lowest Level Since June 2013

The August increase of the pace of new home sales pushed the months’ supply measure of inventory to its lowest level in more than a year. According to estimates from the Census Bureau and HUD , on a nonseasonally adjusted basis the inventory of for-sale newly built homes stood at 206,000 in August. This was a slight increase from the July estimate… Read More ›
from Home Services Blog http://eyeonhousing.org/2014/09/months-supply-of-new-homes-at-lowest-level-since-june-2013/

from Tumblr http://msalexandrakpierson.tumblr.com/post/98789880728

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