Condo days. A new condo owner.

Prices are the primary area of focus for Kiplinger correspondent Pat Mertz Esswein's "Housing Outlook, 2016," although sales volume gets a look as well.

Overall, the read here is similar to what we've seen from other observers--moderating price increases, continued headwinds around tight supply of for-sale inventory, and gradually normalizing conditions. Mertz Esswein write:

Tight supply is the speed bump for many home buyers, as well as for sellers who want to trade up. Nationwide, inventory has hovered at about five months’ supply (the time it would take to sell the current number of homes for sale at the current pace), which is considered equally favorable for buyers and sellers. But inventory in many cities is much lower and strongly favors sellers.

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