Is It Realy Real Estate Market Bouncing

According the Realty Times article in Real Estate Outlook: Positive Trends In Housing Studies the housing market has positive tendency.

Increased sales for new construction and resale and that are good. Is that the only measure for improving market? They also mentioned that the prices, because of the foreclosures are going down, but is that the only bad think? I did not see what inventory is coming on the market. If the inventory is coming on the market faster than the inventory going of the market I would not say that the market is improving.

The falling of the price is not caused from the foreclosures only, but it comes from a lot of the inventory out. The simple law of the economics, demand vs. supply. Moreover I haven’t seen the months of inventory on the market based on closed sales, not on pended.