Inventory at Lowest Since 2013

Housing inventory is shrinking, still, according to the recently released Trulia Inventory and Price Watch for the fourth quarter of 2017. Across the board, in the premium, starter and trade-up tiers, inventory has tumbled 10.5 percent year-over-year—the most considerable drop-off since 2013.The issue is most pervasive at the entry level, which accounts for just 22.9 percent of available inventory. To compare, higher-end, or premium, supply comprises 53.1 percent.
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