Months Supply of Inventory (MSI) National Market Dynamics since January 2022*
3.5
3.3
3.3
3.3
3.2
3.2
3.2
3.1
2.9
2.9
2.9
2.9
2.7
2.6
2.6
Months Supply of Inventory measures how long it would take to sell the existing inventory of listings at current rates of sales activity. The lower the reading, the stronger the buyer demand as compared to the supply of homes for sale.
2.5
2.3
2.2
2.1
2.0
The MSI reading for March 2023 has not yet been released.
1.9
1.7
1.7
1.7
https://www.nar.realtor/research-and-statistics
1.5
* Data copyright, National Association of Realtors®. All rights reserved. Reprinted with permission. Data for existing homes: houses, condos and co-ops. Last month labeled “preliminary . ” Data from sources deemed reliable, but may contain errors and subject to revision.
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