States with the least—and most—housing market inventory heading into the fall

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Nationally aggregated inventory is up just 2.1% on a year-over-year basis from July 31, 2025, to July 31, 2026. While that’s up a tad from the +1.9% year-over-year pace last month, it’s decelerated significantly since last year. If you go back 12 months, that year-over-year national inventory growth rate was much higher (+24.7.%). After a period of a burst of softening in which…