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Housing March 24th Weekly Update: Inventory up 1.9% Week-over-week, Up 30.3% Year-over-year
Altos reports that active single-family inventory was up 1.9% week-over-week.Inventory is now up 7.0% from the seasonal bottom in January and is increasing seasonally. 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 30.3% compared to the same week in 2024 (last week it was up 29.3%), and down 19.5% compared to the same week in 2019 (last week it was down 20.5%). The gap to more normal inventory levels has closed significantly! This second inventory graph is courtesy of Altos Research. As of March 21st, inventory was at 668 thousand (7-day average), compared to 656 thousand the prior week. Mike Simonsen discusses this data regularly on Youtube
Altos reports that active single-family inventory was up 1.9% week-over-week.
Inventory is now up 7.0% from the seasonal bottom in January and is increasing seasonally.
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 30.3% compared to the same week in 2024 (last week it was up 29.3%), and down 19.5% compared to the same week in 2019 (last week it was down 20.5%).
The gap to more normal inventory levels has closed significantly!
This second inventory graph is courtesy of Altos Research.
As of March 21st, inventory was at 668 thousand (7-day average), compared to 656 thousand the prior week.
Mike Simonsen discusses this data regularly on Youtube
