Posts Tagged: housing index

Factors Contributing to the Extraordinarily Low Housing Inventory in Southern California

At the opening of 2022, housing inventory in Southern California dropped to a remarkable 4,700 from 7,600 in January 2021. Those numbers are incredibly low and represent a significant dip from pre-pandemic levels. Around 12,400 homes were on the market at the start of 2019 when all the industry changes wrought by the pandemic weren’