First American: Dwindling inventory threatens potential home sales growth

First American: Dwindling inventory threatens potential home sales growth
Although potential existing-home sales rose marginally in February, a lack of inventory now threatens future growth, according to First American’s Potential Home Sales Model. First American Chief Economist Mark Fleming said the housing market continues to underperform its potential, but shows signs of promise leading into the spring home-buying season.
Source: https://www.housingwire.com/rss