by Calculated Risk on 7/08/2021 05:52:00 PM
Note: Remember, sales were weak in April and May last year. I’m posting data for many local markets around the U.S. The story is the same everywhere … inventory is very low.
From the NTREIS for North Texas (including Dallas/Ft. Worth):
Single Family Homes sold in June 2021 were 11,554, down 2.9% from 11,896 in June 2020.
Combined, sales were down slightly year-over-year.
Single Family Active Listings in June 2021 were 8,603, down 50.0% from 17,222 in June 2020.
Combined, active listings declined 49.8% year-over-year.
Although down sharply year-over-year, active inventory was up 19.9% compared to last month.