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Housing inventory goes up

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Calvin Correli·Jun 6, 2006· 1 minute

A friend pointed me to the counter on boligsiden.dk, which currently lists 40.875 apartments and houses for sale. Just last week the number was in the low 39.000’s. It’s going up fast. It’s gone up by more than a hundred today alone. And my friend says it’s been rising fast for at least the 6 weeks since he started following it.

It seems a pretty clear that the insane housing inflation that we’ve seen in the past years has come to a halt. Whether prices will fall is a bit too early to tell, but I wouldn’t be surprised.

UPDATE: Added the links from Guan here, because Textile trips over them: rolf/JL_FI2.pdf”>http://www.math.ku.dk/rolf/JL_FI2.pdf,

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