Inventories on track to normalize in 40% of US markets this year

After growing by 22 percent last year, inventory is “a bright spot for a market that’s been dealing with deep deficits in recent years,” according to ICE Mortgage Monitor report for February. Continue reading

Hopes of housing shortage relief are dashed as new listings drop

New listing volumes have failed to make up for the shortfall of 2020 and were down 16 percent and 21 percent year over year in January and February, according to a new report from Black Knight. Continue reading