The Squeeze is on

Potential Home Buyers continue to feel the squeeze.

 

While inventory rose by 274 homes in April, this is still a record low for the month.

 

In the meantime, 4,020 sales were closed.  That puts the months' of supply at less than 1.

 

The Case-Shiller Index is a 3 month average of prices.  The latest month reported was February.   It's a pretty safe bet that it will be much higher when June's 3 month average is reported.