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Home inventory is shrinking, but where does it really matter?

06/23/2016

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The stock of available homes throughout the nation has taken a dip over the past four years, but that doesn’t mean prices are hiking in all markets, according to Trulia. The website’s¬†Inventory and Price Watch report offers insight into¬†localized inventory levels and affordability broken down by sectors: starter homes, trade-up homes and premium homes — and while California unsurprisingly has higher prices because of low inventory, an even larger metro hasn’t seen the same effects. The report looks at the national housing stock in the 100 largest metros between April 1, 2015, through April 1, 2016, finding that home inventory is down throughout the nation by more than 6 percent. Out of the three sectors measured, starter homes saw the biggest dip. Inventory of starter homes fe…

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