Housing inventory continues to fall nationwide, as we continue to see home availability dip for the eighth consecutive quarter. In fact, the end of the first quarter in 2017 recorded a low for home inventory in the United States. Trulia conducted an analysis of supply and affordability for the three housing segments – starter homes, trade-up homes, and premium homes – explaining the correlation between our declining inventory and home prices.

Three factors that go into the analysis include:

  1. The number and share of inventory that are starter, trade up, and premium homes
  2. The change in share and number of these homes
  3. The affordability of those homes for each type of buyer

A more in depth look at the Trulia’s home inventory analysis can…

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