Housing inventory is now at its lowest point in history.
— The Kobeissi Letter (@KobeissiLetter) August 26, 2023
In the US, there are a total of 950,000 single family homes for sale.
To put this in perspective, there were 3.5 MILLION single family homes in 2008.
That's nearly 4x as many houses that are for sale today.
In 1987,… pic.twitter.com/1tENH2iTIT
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