Housing inventory remains painfully low as shortage persists

Posted on AllSides October 10th, 2023
From The Right

The number of homes for sale on the market fell for the fifth straight month in September amid the already severe housing shortage.

A new report from Realtor.com shows that the total number of homes for sale, including homes that were under contract but not yet sold, fell by 4% in September compared with the same time a year ago.

On top of that, available home supply remains down a stunning 45.1% from the typical amount before the COVID-19 pandemic began in early 2020, according to the report. 

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