Housing inventory falls under 1M again as sales collapse
Housing Wire
JANUARY 20, 2023
The one period where this didn’t happen was from 2006-2011, when credit forced Americans to sell, to rent or to be homeless. The Federal Reserve did not like the homebuying atmosphere during COVID-9, especially the non-contingent buying contracts. Outside of that time period, everything else from 1982 to 2023 was normal.
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