Fed Hasn’t Helped The Housing For Sale Inventory (Except Make It More Expensive!)

by Johnny Football
Anthony B. Sanders’ Blog

Zillow has a great chart on the inventory of housing for sale, showing the steady decline from 2011/2012 onwards.

[…] This chart differs from the one generated by the National Association of Realtors (NAR), although they both show a similar decline from 2011/2012 onwards.

[…] The Federal Reserve’s third round of quantitative easing (QE) began in September 2012. Unfortunately, home prices had already begun rising and for-sale inventory of housing had fallen. This raises an interesting question: as home prices are rising, why isn’t the for-sale inventory of housing increasing despite the staggering monetary stimulus from The Federal Reserve?

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