CHART OF THE DAY: Why The Price Of Your Home Will Keep Going Up

button more charts
button chart prev
button chart next

Today’s existing home sales number was a little weaker than expected.

But have no fear, the housing comeback train continues.

Calculated Risk shows the number of months worth of existing home supply (red line). And that number continues to drop.

Which means: The price of your home is going to go up, as inventory gets tighter.

chart of the day, existing home inventory, january 2013

Photo: Calculated Risk

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at