Home sales are rising, so why isn’t inventory going up?

Two facts stand out in today’s housing market: rising home sales and flat/falling inventory. But if people are buying more homes, why aren’t there more homes for sale? Genworth Mortgage Insurance’s chief economist explains what exactly is going on and what it means for first-time homebuyers.

Source:: http://www.housingwire.com/blogs/1-rewired/post/37693-home-sales-are-rising-so-why-isnt-inventory-going-up

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