Inman Connect
This is the second installment of a new Inman series digging into, and explaining, routine real estate economic metrics and how they’re used to illuminate the current housing market and inventory crises. Don’t miss part 1, The Inman handbook on pending home sales, and check back tomorrow for the third installment on existing-home sales.
Real estate professionals rely on numbers and data, and new-home sales are one of those metrics that help people in the industry keep an eye on the pulse of the market.
So, where does the data come from and what does it mean? What is it telling us exactly?