National Inventory Generally Stunted; Now at 1.5 Months’ Supply

August 18, 2023 Kyle G. Horst

"The inventory situation is unique—we are seeing it differ across the country depending on what area, but demand for housing is still strong. As rates stabilize, consumers' confidence should strengthen, helping boost market activity," says Nick Bailey, President and CEO of RE/MAX LLC.

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National Inventory Generally Stunted; Now Stands at 1.5 Months of Supply

"The inventory situation is unique—we are seeing it differ across the country depending on what area, but d...