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Months Supply of Inventory
Manage episode 315933007 series 3005885
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What is Months Supply of Inventory? This is a helpful measure in assessing the health of the real estate market. It is useful in determining if we are in a buyer's, seller's or balanced (neutral) market. By definition, it is how long it would take to sell the current inventory of homes on the market, given the pace at which they are now selling and assuming no new listings are added.
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