Home Prices Decline 1.2%, Smallest Drop in Two Years BusinessWeek The inventory of homes on the market dropped to 3.29 million in December, the lowest level in more than three years, according to the Chicago-based trade ... California's Housing Supply Dwindles Despite Increase in Prices DSNews.com ... the state's housing supply continued to decrease, the California Association of Realtors (CAR) reported Tuesday. CAR's unsold inventory index, ...