As demand continues to rapidly outpace supply, builders’ inventory decreased significantly. Looking at the 3-month moving average, active listings fell sharply statewide in March to 16,055 versus 17,503 in February. The 12-month moving average fell in March to 19,842 versus 20,641 in February.
As demand continues to rapidly outpace supply, builders’ inventory decreased significantly. Looking at the 3-month moving average, active listings fell sharply statewide in March to 16,055 versus 17,503 in February. The 12-month moving average fell in March to 19,842 versus 20,641 in February.