Key Measures for U.S. Home Inventory Moving in Right Direction

 |  from Building Team Forecast Top Headlines

The number-of-months inventory of unsold new homes in the United States dropped slightly in April 2008 to 10.6 from 11.1 the month before. This is only a small decline, but combined with a number of other indicators, it adds to the collection of better news on U.S.  housing markets that has been accumulating. This story includes a chart that shows the trend of unsold inventory quite clearly.