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US home inventory approximately neutral for prices [ClearOnMoney]
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US home inventory approximately neutral for prices

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Commentary

US home inventory approximately neutral for prices

27 Mar 2012 by Jim Fickett.

The inventory of existing US homes has hit its seasonal low, and is climbing again. For now the levels are approximately neutral for prices, and probably will be for at least a few months. However it is possible that the banks, with the recent settlement on illegal foreclosure practices behind them, will ramp up foreclosures, increasing inventories significantly. This is one to watch closely.

(See Inventory of existing US homes for background, sources, and related commentary.)