The housing market has seen a significant increase in inventory, with a 24.8% rise compared to the same week in 2024. This marks a slight improvement from last week’s 23.6% increase. However, inventory remains 23.4% lower than in 2019, a decrease from last week’s 23.3% drop. Despite this, the gap to more normal inventory levels has narrowed considerably since June 2023, when inventory was down nearly 54% compared to 2019. As of January 17th, the current inventory stands at 632 thousand, up from 624 thousand the previous week.
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