Tight Inventory News Today

The report also has some pretty jarring statistics when it comes to who is being affected most by high home prices and interest rates.

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/PRNewswire/ -- Get a head start on success in 2023 by joining RISMedia and our all-star lineup of real estate leaders and visionaries for our annual virtual...

Cox Automotive June Forecast: Tight Inventory, High Prices Slow New-Vehicle Sales ATLANTA, June 28, 2021 -- June U.S. new-vehicle sales are expected to showcase a market still well above last years levels but one that is slowing after a frenzied spring buying season. Vehicle sales in June are forecast by Cox Automotive to fall to a seasonally adjusted annual rate (SAAR) of 16.4 million, up from last years 13.0 million but down from Mays 17.0 million pace.  June is expected to mark the second...

Hot Auto Market Sends Wholesale Vehicle Prices Soaring to Record High - Manheim Index jumps to a record of 179.2, up 26% year over year. - Wholesale supply, which peaked at 149 days on April 9, 2020, was down to 18 days at the end of March 2021. Normal wholesale supply is 23 days. - Wholesale prices for pickup trucks continue to outperform the overall market. News provided by Share this article Share this article ATLANTA, April 7, 2021 /PRNewswire/ -- Wholesale used-vehicle prices on a mix-, mi...