In August, inventory numbers showed a noticeable decrease in Months of Inventory (MOI). This decline indicates that more homes were successfully sold compared to the number of active listings carrying over into the next month. A lower MOI is often a sign of stronger buyer activity, suggesting that demand for housing has picked up and properties are moving off the market at a quicker pace. For both buyers and sellers, this shift is an important trend to watch, as it highlights a more competitive market environment where well-priced homes are being absorbed faster.