To address tight housing inventory, we need better measures of housing supply

By Jenny Schuetz and Cecile Murray | Brookings

Browse the real estate section of your local newspaper, and you’re likely to see the phrase “lack of inventory.” In simple terms, this means there are more people seeking to buy (or rent) homes than houses currently available for sale. If inventory remains tight for several months, prices will rise and housing affordability—already a concern in many areas—will get worse.

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February 2018
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