US Housing Market Sees 10-Year High in Single-Family Home Supply, Sales Remain Stagnant

The supply of existing single-family homes has reached a 10-year high, and condo supply a 12-year high, while sales continue to be low across the US, with significant drops in the West and Northeast.

9 Jun, 19:30 — 9 Jun, 19:30

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wolf-streetMixed86d ago

Supply of Existing Single-Family Homes at 10-Year High, Condo Supply at 12-Year High, Sales still in Freezer

Compared to May 2019, sales were down the most in the West (-32%) and Northeast (-31%), less so in the South (-15%) and Midwest (-17%).

By Wolf Richter

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US Housing Market Sees 10-Year High in Single-Family Home Supply, Sales Remain Stagnant

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Supply of Existing Single-Family Homes at 10-Year High, Condo Supply at 12-Year High, Sales still in Freezer

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