Austin's housing reaches 4-month supply mark, median rent below national

AUSTIN (KXAN) — Last week, the Austin Board of Realtors (ABoR) announced that Austin reached an important metric: The supply of homes for sale is now enough to meet four months of demand.

ABoR economist Dr. Clare Losey talked with KXAN on April 12 about the board's March report.

"When we see more inventory, of course, it means that there are more options across the board for buyers," Losey said. "For sellers, it means of course that there are more options for buyers to choose from.