According to Movoto, housing inventory continues to increase from last month bringing good news to home-buyers as competition over homes will slow due to the increased inventory. Approximately 3,574 more properties were up for sale last month compared to May 2013. Additionally, price per square foot also increased meaning that inventory rates have yet to effect housing prices. New Orleans and Chicago are the only cities in the United States that experienced a drop in price per square foot. More here
