Good News for Home Shoppers: Inventory is Growing

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Nov 21, 2018
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Some of the hottest markets in recent years are now seeing the biggest growth in homes for sale

- There were 3 percent more homes on the market in October than there were a year ago.

- The median home value nationwide is $221,500, up 7.7 percent from this time last year.

- Inventory had declined on an annual basis for 44 straight months before seeing positive growth.

- The median rent is $1,442, down 0.1 percent ($1 per month) year-over-year, the second consecutive month of annual rent declines.

PR Newswire