The Wall Street Journal reported that the housing inventory picture is continuing to improve. Citing a study by compiled by ZipRealty, WSJ said “the supply of homes available for sale in 27 major metropolitan areas at the end of November was down 2.4% compared with a month earlier”. The November inventory in the 27 metro areas was down 28% compared with the year-earlier period, according to ZipRealty. Markets with the most dramatic month-over-month inventory declines: Boston, down 8.5 percent; Minneapolis-St. Paul at 6 percent; Washington, D.C., down 5 percent, Denver at 4.4 percent and Chicago at 4 percent.
