Week of September 24, 2018

Top inventory changes

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Metropolitan/division Month-over-month
inventory change
Anaheim-Santa Ana-Irvine, CA 3.72%
Billings, MT 3.46%
Flint, MI 3.35%
Rockingham County-Strafford County, NH 3.33%
Santa Rosa, CA 3.32%

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Metropolitan/division Month-over-month
inventory change
North Port-Sarasota-Bradenton, FL -3.34%
Punta Gorda, FL -3.50%
Lake Havasu City-Kingman, AZ -4.02%
Naples-Immokalee-Marco Island, FL -4.26%
Phoenix-Mesa-Scottsdale, AZ -15.70%

The two charts show the top five metropolitan areas with the greatest month-over-month increases and decreases in inventory. The five largest month-over-month inventory decreases were greater than the five largest increases last month, suggesting that homebuyers might continue facing a competitive market with low supply.

The inventory increase chart shows a small variance of increases in the five metro areas, with the greatest increase of 3.72% in Anaheim-Santa Ana-Irvine, California. The inventory decrease chart shows the largest inventory decrease was 15.7% in Phoenix-Mesa-Scottsdale, Arizona. The other four metro areas had modest decreases in comparison. The five greatest decreases were from metro areas in two states: Florida and Arizona.1

1Source data: CoreLogic® 
Data date: 12/25/2017

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