Monthly Supply of Homes in the United States (MSACSRNSA)
2013-10: 5.3 Months' Supply
Monthly, Not Seasonally Adjusted, Updated: 2013-12-04 3:12 PM CST
|Source:|| U.S. Department of Commerce: Census Bureau
|Release:||New Residential Sales|
The months' supply is the ratio of houses for sale to houses sold. This statistic provides an indication of the size of the for sale inventory in relation to the number of houses currently being sold. The months' supply indicates how long the current for sale inventory would last given the current sales rate if no additional new houses were built.