More homes are on the market now than at any other time in U.S. history.
4.5 million units are currently for sale, the most in sheer quantity ever. In more relative terms of current population, the current 9.6 month supply is the largest housing glut since 1991. Supply rose over 5% since June, yet another signal that the worst of the housing bust might still lie ahead.
4.5 million units are currently for sale, the most in sheer quantity ever. In more relative terms of current population, the current 9.6 month supply is the largest housing glut since 1991. Supply rose over 5% since June, yet another signal that the worst of the housing bust might still lie ahead.
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