by Calculated Risk on 2/21/2022 10:07:00 AM
Tracking existing home inventory is very important in 2022.
Inventory usually declines in the winter, and this is anew record low for this series.
This inventory graph is courtesy of Altos Research.
And here is a table of the year-over-year change by week since the beginning of the year. A possible early indicator might be if the YoY decline is less each week.