RSS Feed by Calculated Risk on 3/31/2025 08:11:00 AM
Monday, March 31, 2025
Housing March 31st Weekly Update: Inventory up 1.1% Week-over-week, Up 30.6% Year-over-year
Altos reports that active single-family inventory was up 1.1% week-over-week.
Inventory is now up 8.2% from the seasonal bottom in January and is increasing.
The first graph shows the seasonal pattern for active single-family inventory since 2015.
Click on graph for larger image.The red line is for 2025. The black line is for 2019.
Inventory was up 30.6% compared to the same week in 2024 (last week it was up 30.3%), and down 19.0% compared to the same week in 2019 (last week it was down 19.5%).
The gap to more normal inventory levels has closed significantly! It now appears inventory will be close to 2019 levels towards the end of 2025.
This second inventory graph is courtesy of Altos Research.
As of March 28th, inventory was at 676 thousand (7-day average), compared to 668 thousand the prior week.
Mike Simonsen discusses this data regularly on Youtube
