Stock Levels Remain Below Average Over Hot Housing Markets

With the spring ‘selling season’ done and dusted and Christmas rapidly approaching, it is worthwhile having a look at how stock levels have tracked over the season and year relative to previous years. One of the key facets of the housing market over the last year has been the shortage of advertised stock that has created urgency amongst buyers. This has likely been one of the primary reasons why clearance rates have been high and the average selling time has been short.

CoreLogic…