Tuesday , April 20 2021
Home / Calculated Risk / Housing Inventory March 1st Update: At Record Lows

Housing Inventory March 1st Update: At Record Lows

Summary:
One of the key questions for 2021 is: Will inventory increase as the pandemic subsides, or will inventory decrease further in 2021?Tracking inventory will be very important this year.Click on graph for larger image in graph gallery.This inventory graph is courtesy of Altos Research.As of February 26th, inventory was at 325 thousand (7 day average), compared to 724 thousand the same week a year ago.  That is a decline of 55%.A week ago, inventory was at 337 thousand, and was down 53% YoY.  Seasonally inventory should bottom in early March.Mike Simonsen discusses this data regularly on Youtube.

Topics:
Calculated Risk considers the following as important:

This could be interesting, too:

Tyler Durden writes Japan’s Hardest-Hit Regions Push For COVID State Of Emergency As Olympics Safety Review Looms

Tyler Durden writes The Media Lied Repeatedly About Officer Brian Sicknick’s Death. And They Just Got Caught

Tyler Durden writes Lordstown Motors’ “Endurance” All-Electric Pickup Fails To Endure Baja Race

Tyler Durden writes China Launches New App Allowing Citizens To Report Others For Expressing “Mistaken Opinions”

One of the key questions for 2021 is: Will inventory increase as the pandemic subsides, or will inventory decrease further in 2021?

Tracking inventory will be very important this year.

Housing Inventory March 1st Update: At Record LowsClick on graph for larger image in graph gallery.

This inventory graph is courtesy of Altos Research.

As of February 26th, inventory was at 325 thousand (7 day average), compared to 724 thousand the same week a year ago.  That is a decline of 55%.

A week ago, inventory was at 337 thousand, and was down 53% YoY.  Seasonally inventory should bottom in early March.

Mike Simonsen discusses this data regularly on Youtube.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.