The housing market has experienced a significant shift in inventory levels. Over the past week, there was a notable decrease of 2.2% in available housing inventory. However, when compared to the same period last year, the inventory has surged by an impressive 26.3%. This year-over-year increase suggests a growing supply of homes on the market, potentially offering more options for buyers. Despite the weekly drop, the annual growth indicates a robust market with more properties becoming available. These statistics highlight the dynamic nature of the housing market, where short-term fluctuations can contrast sharply with longer-term trends.
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