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Austin housing inventory stuck at worryingly low level

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Austin housing inventory stuck at worryingly low level

On par with last January, the Austin metro had only 0.4 months of inventory on the market — a small fraction of a healthy market’s six months. Closed sales were down about 6% year over year, which experts attribute to the persistent lack of supply. Find out what it looks like on the ground from Realtors, and why they are putting pressure on public officials to do something.