by Calculated Risk on 9/12/2022 10:20:00 AM
Active inventory decreased 1.0% last week. Here are the same week inventory changes for the last four years (the increase in 2019 was a one-week surge):
This inventory graph is courtesy of Altos Research.
1. The seasonal bottom (happened on March 4th for Altos) ?
2. Inventory up year-over-year (happened on May 13th for Altos) ?
3. Inventory up compared to two years ago (currently down 5.5% according to Altos)
4. Inventory up compared to 2019 (currently down 43.2%).