The real estate market is showing positive signs with a healthy balance between supply and demand. The Months Supply of Inventory is currently at 4.58, indicating a balanced market where neither buyers nor sellers have a significant advantage. The 12-Month Change in Months of Inventory has decreased by 2.76%, showing that the market is becoming […]

Let’s break down these real estate metrics to better understand how they are correlated. First, let’s look at the Months Supply of Inventory, which is currently at 6.51. This metric represents how many months it would take to sell all the current homes on the market if no new listings were added. A lower number […]

Let’s start by looking at the Months Supply of Inventory, which is currently at 6.43. This metric measures how long it would take for all the current homes on the market to be sold, based on the current rate of sales. In this case, with a Months Supply of Inventory of 6.43, we can say […]