2013: The Year of the Inventory Impasse

A few weeks ago we raised the alarm on new listings, which were down 30% from a year earlier after the first two weeks of January. Things have gotten slightly better since then, but the number of new listings is still down 18% in the first five weeks of 2013 compared to the same period in 2012. However, that one number doesn’t really tell the whole story.

For the full report visit the Redfin Research Center.