While the scarcity of inventory has eased a bit, supply is still
pretty tight in the grand scheme of things.  Prices have
accordingly continued to be pressured upwards, with the price per
square foot experiencing a 2% pop last month.  Here are the MoM
and YoY stats…

…and here is the single graph that I think best sums up the state
of things (showing as it does the relationship between months of
inventory and price changes, as well as recent trends in both those
things):