October 14, 2024

The recent data shows interesting trends in the real estate market:

1. Months Supply of Inventory (MSI): Currently, the MSI is 8.49, meaning it would take just over eight months to sell all homes on the market at the current sales pace. This suggests an increasing availability of homes for buyers. 2. 12-Month Change in Months of Inventory: There’s been a significant increase of +124.6% in the MSI compared to last year. This indicates that the inventory of homes...

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