Housing March 10th Weekly Update: Inventory up 0.5% Week-over-week, Up 28.3% Year-over-year
Altos reports that active single-family inventory was up 0.5% week-over-week.Inventory is now up 2.9% from the seasonal bottom eight weeks ago in January and should start increasing significantly in the Spring. The first graph shows the seasonal pattern for active single-family inventory since 2015. Click on graph for larger image.The red line is for 2025. The black line is for 2019. Inventory was up 28.3% compared to the same week in 2024 (last week it was up 28.3%), and down 21.4% compared to the same week in 2019 (last week it was down 21.8%). The gap to more normal inventory levels has closed significantly! This second inventory graph is courtesy of Altos Research. As of March 7th, inventory was at 642 thousand (7-day average), compared to 639 thousand the prior week. Mike Simonsen discusses this data regularly on Youtube
Altos reports that active single-family inventory was up 0.5% week-over-week.
Inventory is now up 2.9% from the seasonal bottom eight weeks ago in January and should start increasing significantly in the Spring.
The first graph shows the seasonal pattern for active single-family inventory since 2015.
Click on graph for larger image.The red line is for 2025. The black line is for 2019.
Inventory was up 28.3% compared to the same week in 2024 (last week it was up 28.3%), and down 21.4% compared to the same week in 2019 (last week it was down 21.8%).
The gap to more normal inventory levels has closed significantly!
This second inventory graph is courtesy of Altos Research.
As of March 7th, inventory was at 642 thousand (7-day average), compared to 639 thousand the prior week.
Mike Simonsen discusses this data regularly on Youtube
