Friday, May 18, 2018

"CAR: California Existing Single-Family Home Inventory Shows First YOY Gain in a Long While"

From housing economist Tom Lawler: CAR: California Existing Single-Family Home Inventory Shows First YOY Gain in a Long While From the California Association of Realtors monthly home sales report for April: "Statewide active listings (of existing single-family homes) finally reversed nearly three years of decreases after rising 1.9% (YOY) in April." CR Note: Here is a table from housing economist Tom Lawler showing the year-over-year (YoY) change for National inventory from the NAR, and the YoY change for California from the CAR. It appears the YoY declines are slowing nationally, and......(read more)
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