If it weren't for the buyer's strike, it would be easy to conclude that the market is simply returning to normal after the pandemic. Inventory has been insanely low the last few years, so it's no surprise that we would see huge inventory increase percentages as the market recovers. The "uh oh" part is the decline in sales. Huge inventory increases and declines in sales numbers mean lower prices are soon to follow.
If it weren't for the buyer's strike, it would be easy to conclude that the market is simply returning to normal after the pandemic. Inventory has been insanely low the last few years, so it's no surprise that we would see huge inventory increase percentages as the market recovers. The "uh oh" part is the decline in sales. Huge inventory increases and declines in sales numbers mean lower prices are soon to follow.