Rising inventory can indicate a weakening market.
This has led to rising inventory, he said.
Even Lululemon, the athleisure pioneer, has been struggling with falling profit margins and rising inventory.
Declining prices, rising inventory and increasing foreclosure rates may have hobbled many of the nation's housing markets, but they have not yet reached Manhattan and brownstone Brooklyn.
Another factor driving rising inventory is the exit of speculative buyers from overheated markets across the country.
In New York, Manhattan has been showing signs of cracking for months, in the form of rising inventory and slowing sales.
Trulia.com reports that asking home prices are already starting to lose steam in June as mortgage rates rise, inventory expands, and investor demand declines.
In short, rising inventories and falling sales signal slackening demand.
Still, much of the increase was from rising inventories.
If the number of foreclosures on the market continues to rise, inventories will swell considerably.
