Inventory and sales both decline in the fall and winter. Look at months supply. That is still rising. What matters is the relationship between inventory and sales, not the change in just one of them. Again, more BS from people who are trying to spin the story.
Mimicking a real estate bull: “Oh, inventory is dropping so houses are getting harder to find, mortgage rates are down so sales will pick up, employment is up and this economy is growing, go buy buy buy. Get yourself one of those superior properties”. More spin….
