Real Estate Inventory for July

According to realtor.com, real estate inventory has increased from May to June. Although inventory is still off about 7.3%, but the number of listings is still up 4.3% from May to June.

Inman news explains the increase in inventory by stating "real estate observers have speculated that home price gains might spur more homeowners to put their properties up for sale- and for builders to break ground on more new homes." However, this increase could also simply be a normal seasonal increase.

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Real estate industry observers have speculated that home price gains might spur more homeowners to put their properties up for sale — and for builders to break ground on more new homes. - See more at: http://www.inman.com/2013/07/15/inventory-shortage-eases/#sthash.8w4mtetd.dpuf

Real estate industry observers have speculated that home price gains might spur more homeowners to put their properties up for sale — and for builders to break ground on more new homes. - See more at: http://www.inman.com/2013/07/15/inventory-shortage-eases/#sthash.8w4mtetd.dpufreal ests

Real estate industry observers have speculated that home price gains might spur more homeowners to put their properties up for sale — and for builders to break ground on more new homes. - See more at: http://www.inman.com/2013/07/15/inventory-shortage-eases/#sthash.8w4mtetd.dpuf

Real estate industry observers have speculated that home price gains might spur more homeowners to put their properties up for sale — and for builders to break ground on more new homes. - See more at: http://www.inman.com/2013/07/15/inventory-shortage-eases/#sthash.8w4mtetd.dpuf