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The Week Ahead: Updates on National Housing Inventory

in Daily Dose, News, Origination August 2, 2020 1,556 Views

On Tuesday, Realtor.com will release it's latest Housing Inventory Report, covering the month of July.

Last month's report found that national housing inventory declined by 27.4% year-over-year, with inventory in large markets decreasing by 26.5%. Inventory of newly listed properties saw a 19.3% year-over-year decline; 16.2% in larger markets.

The report also revealed that the markets with the largest declines in new listings included:

  • Cincinnati, Ohio-Kentucky-Indiana (-33.3%)
  • Charlotte-Concord-Gastonia, North Carolina-South Carolina (-32.2%)
  • Louisville/Jefferson County, Kentucky-Indiana (-31.1%)
  • Riverside-San Bernardino-Ontario, California (-28.3%)
  • Kansas City, Missouri-Kansas (-28.2%)

Here's what else to expect in The Week Ahead:

  • U.S. Census Bureau Construction Spending Report—Monday, 8/3
  • Realtor.com Housing Inventory Report—Tuesday, 8/4
  • DS News webinar series—CWCOT Update: What Servicers Need to Know—Tuesday, 8/4
  • Federal Reserve Bank of New York Household Debt and Credit Report Q2 2020—Thursday, 8/6
  • St. Louis Fed Financial Stress Index—Thursday, 8/6
  • Unemployment Insurance Weekly Claims Report—Thursday, 8/6

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About Author: David Wharton

David Wharton, Editor-in-Chief at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has nearly 20 years' experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. He can be reached at [email protected].
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