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 […]