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The Latest Real Estate News, Investing and Housing Market Tips

Inventory levels are on the nationwide, which could soon mean the severe inventory shortages plaguing many markets the last few months may soon be nearing an end, according to the latest report from®. As , more may be testing the , helping to increase the options for home buyers.® reported that 1.96 million homes were listed for in June — the highest number since last September.

The markets that posted the largest rises in the number of homes for sale compared to one year earlier were:

  • Atlanta: inventories rose 17.9% year-over-year
  • Sacramento, Calif.: +16.7%
  • Los Angeles: +6.8%
  • Orlando: +2.8%

All four markets have also posted strong gains in home prices the past year,® reports.

“At the current pace of sales, the supply of homes for sale is still very , suggesting gains are likely to continue,” The Journal reports. “But the months supply is up slightly in a growing number of markets. This could actually boost sales — a major complaint of home shoppers and their agents is that there’s a shortage of attractive homes being offered for sale.”

Meanwhile, inventories of homes for-sale has fallen year-over-year levels in 26 of the markets® monitors. Inventory levels fell the most in (by –30.2%); Boston (–28.9%), Denver (–25.1%), and San Francisco (–19.4%).


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