Villages of Urbana Homes For Sale | Is the Increase in Inventory a Bullish or Bearish Sign for Real Estate?

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Today, I would like to talk to you about Is the Increase in Inventory a Bullish or Bearish Sign for Real Estate?

In a recent article, National Housing Inventory Crisis Reaches Inflection Point, realtor.com reported that:

 1.- New listings jumped 8% year-over-year nationally, the largest increase since 2013

 2 .-Total listings in the 45 largest markets are now up 6% on average over last year

This increase in housing inventory has sparked two different reactions. Some are saying this is the first sign of a potential collapse while others are saying it is a welcomed reprieve from the lack of inventory that has stalled the market recently. As Zelman & Associates reported in a recent ‘Z Report’:

“With the rate of home price appreciation starting to decelerate alongside the uptick in inventory, we expect significant debate whether this is a bullish or bearish sign.”

Is this a sign the market might crash?

There are those who look at the increase in inventory as a sign that we are returning to the market we saw last decade. However, a closer look shows that we are nowhere near the levels of inventory we reached before the crash in 2008.

A normal market would have about 6-months inventory, but the latest Existing Home Sales Report issued by the National Association of Realtors revealed that:

READ MORE: https://www.reallynicehomes.com/blog/villages-urbana-homes-sale-increase-inventory-bullish-or-bearish-sign-real-estate/

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