Housing Supply Drops in Cali
July 29, 2009 by admin
Filed under Positive Real Estate
The California supply of existing single-family homes for sale dropped to a seasonally-adjusted annual rate of 514,110. A six-month supply of homes for sale is considered a healthy balance between buyers and sellers, with anything less considered a seller’s market. It was only a year ago that unsold inventory index stood at 7.6 months.c
Comments
Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!
You must be logged in to post a comment.