Real Estate & Home

Inventory edges slightly higher year over year as rates rise

23 sec read36 views0 listens

Housing inventory has seen a slight year-over-year increase, nearing historical averages despite rising mortgage rates. This modest growth is attributed to higher interest rates and softening demand, though rates have not yet surpassed the 7% threshold to significantly impact movement. Easier year-over-year comparisons are also contributing to the observed inventory gains.

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