The March-April 2020 Market Pulse offers a glimpse at the current state of the housing market.
house keychain with two keys

Housing supply at the end of 2019 totaled 1.40 million units, down 8.5% from December 2018. At the current sales pace, unsold inventory sits at a 3-month supply, down from the 3.7-month figure a year ago.

Supply and demand chart.
Rising age of repeat buyers chart.

 

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