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Inventory levels increase in 2024, driven by the 'locked-in effect' and rising builder optimism.
![](https://www.thedavidgreengroup.com/uploads/agent-1/Screenshot_2025-02-14_at_11.41.30%E2%80%AFAM.png) Inventory levels for both single-family and attached homes increased in 2024, with single-family homes growing by 14.4% and condos and townhouses by 16.3%. The pace of increase has been gradual, but steady. Several factors have contributed, the largest one being the "locked-in effect" of potential sellers being reluctant to move because they are still benefitting from the historically low mortgage rates they were able to secure. If interest rates continue to decline, inventory levels are likely to rise even more as the "locked-in effect" will begin to fade. The trends are already indicating buyers and sellers are gaining confidence in the market. Builders are also increasingly optimistic, and industry experts expect that pent-up demand is going to drive the 2025 housing market. If you'd like to read the full report, text me at: (617) 875-8331 or email me at: [[email protected]](mailto:[email protected]) for a copy! Posted by [David Green](https://www.thedavidgreengroup.com/blog/author/david-green/) on February 14th, 2025 Enjoy this blog post? Click here to subscribe for updates [Facebook Share this post on Facebook](https://www.thedavidgreengroup.com/blog/luxury-inventory-trends-year-over-year.html# "Share this post on Facebook") Twitter Tweet this post on Twitter [Email Send a link to post via Email](mailto:?subject=Luxury%20Inventory%20Trends%20Year%20Over%20Year&body=I%20was%20looking%20at%20https%3A%2F%2Fwww.thedavidgreengroup.com%2Fblog%2F%20and%20I%20thought%20you%20would%20like%20to%20look%20at%20this%20blog%20entry%3A%0D%0Ahttps%3A%2F%2Fwww.thedavidgreengroup.com%2Fblog%2Fluxury-inventory-trends-year-over-year.html "Send a link to post via Email")[](https://www.thedavidgreengroup.com/blog/luxury-inventory-trends-year-over-year/print.html "Opens new window with print ready page") ### Leave A Comment Leave text box empty Full Name\- required Email Address\- required Website Link e.g. yourwebsitename.com Comment\- required Submit Comment Please note that your email address is kept private upon posting. Message us ··· Chatra DG ![](https://ucarecdn.com/dec7c2c1-39e7-447b-9fdb-18b03ed3b31d/-/crop/586x586/0,14/-/preview/-/resize/200x200/) David Green AS ![](https://uc.chatra.io/b9ae5dfb-4b76-4944-924e-7db81e5ee220/-/crop/507x507/0,0/-/preview/-/resize/200x200/) Alexandra Salmon Ask us anything – we’ll get back to you here or by email. [We run on Chatra](https://chatra.com/?utm_source=logo_f&utm_campaign=US_www.thedavidgreengroup.com&utm_medium=selfie_en_get) reCAPTCHA Recaptcha requires verification. [Privacy](https://www.google.com/intl/en/policies/privacy/) - [Terms](https://www.google.com/intl/en/policies/terms/) protected by **reCAPTCHA** [Privacy](https://www.google.com/intl/en/policies/privacy/) - [Terms](https://www.google.com/intl/en/policies/terms/)

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