Months' Supply of New Houses for Sale

{
  "id": "MLC-T-ECS-001212",
  "term": "Months' Supply of New Houses for Sale",
  "field": "Economic statistics",
  "definition": "The months' supply is the ratio of houses for sale to houses sold. This statistic provides an indication of the size of the for-sale inventory in relation to the number of houses currently being sold. The months' supply indicates how long the current for-sale inventory would last given the current sales rate if no additional new houses were built.",
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/months-supply-of-new-houses-for-sale/"
}