<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=192888919167017&amp;ev=PageView&amp;noscript=1">
Thursday, March 28, 2024
March 28, 2024

Linkedin Pinterest

Number of homes on the market rises in July

The Columbian
Published: August 17, 2010, 12:00am

The inventory of Clark County houses listed for sale spiked upward in July, at the same time that fewer properties sold. The housing market’s cool-off appears linked to the June 30 end of federal home-buyers’ tax credits.

Without the incentives, fewer buyers made home purchases in July. That resulted in a supply of residential listings on the market that would take 12 months to sell off, if no new listings were added, according to Portland-based RMLS listing service. By contrast, the June housing inventory was at 6.8-months.

July’s inventory increased from July 2009, when 7.3 months worth of homes were listed for sale.

Loading...