National median closing prices for single-family homes have been on the rise for the last 13 weeks.
The major contributor to the upward price pressure is a lack of inventory, says Brandon Lwowski.
Below are two tables that demonstrate the inventory and price changes by state.
The major contributor to the upward price pressure is low inventory.
Supply of single-family homes has been slipping since the 2008 financial crisis.
Persons:
Brandon Lwowski, we're, Price, Lwowski
Organizations:
MLS, HouseCanary, Dakotas, New, District of Columbia, Alabama, South Carolina
Locations:
HouseCanary, Wyoming, Dakotas . State, New Mexico, Texas, Florida, Oklahoma, Louisiana, Arkansas, Mississippi, Tennessee, Arizona, Carolina, Utah, Georgia, Nebraska, Michigan, Oregon, Indiana, Hawaii, Delaware, Virginia, Maine, Nevada, Iowa, Kentucky, Pennsylvania, Washington, Ohio, Maryland, Vermont, York, Minnesota, Massachusetts, California, Illinois, Hampshire, Wisconsin, Idaho, Colorado, Missouri, Connecticut, Jersey, Alaska, Kansas, Montana, Arkansas , Wyoming