The current Housing Inventory in SE Portland is 2.43 months, driven by a decrease in Housing Supply and a decrease in Housing Demand.
The ideal real estate market would have 1.00 month of Housing Inventory, meaning Housing Supply perfectly satisfies Housing Demand. For this graph, that would be the orange and purple lines right on top of each other. When the Housing Supply and Housing Demand lines are close together, it represents a balanced real estate market. A huge separation between Housing Supply and Housing Demand means an unbalanced real estate market, creating either a buyer's market or a seller's market.
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