Definition: The quantity of goods, services, or property available for sale or lease at specified prices during a relevant period.
Example
An increase in available rental units adds to housing supply in the local market.
Keep the distinction clear
Inventory is a snapshot of available property; supply is the broader economic relationship between quantity offered and price. Demand must also be considered when interpreting market conditions.
Related terms
Buyer's Market · Seller's Market · Economic Base Analysis
Keep studying
CMA vs. Appraisal: What Is the Difference?
References: California DRE: real estate glossary
Pronunciation (US): suh-PLY (capitals show stress)
Pronunciation reference: Merriam-Webster
Comments
0 comments
Article is closed for comments.