It’s mid-February and we have very little new inventory coming on the market. This is good news if you’re thinking about selling your home. And a signal that prices will continue to rise through the year.
Typically, a seasonal flood of new listings start coming on the market after the new year. By mid-February, we can see how fast the waters are rising. This chart shows that 2015 will emerge like the last two seasons with just a trickle of new inventory hitting the market.Single Family Homes for sale across the 20 cities in the Altos Research 20-City Composite.
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