Housing Inventory: “Severe, Accelerating, Chronic Shortages in Every Market, in Every Price Range”

In stark contrast to the recent New Home Sales data, a new white paper from Black Knight suggests that, by the time we include existing homes, there are actually “severe, accelerating, chronic shortages in every market,” and “in every price range.”   Collateral Analytics (a division of Black Knight) compiles various monthly statistics focused on price, availability, time on market, etc. to arrive at what it refers to as a “market condition rating” (MCR) for the

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