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Existing Home Sales Slowed by a Lack of Listings [INFOGRAPHIC]

Existing home sale reverse trend as Buyers re-enter the market
Posted by Cindy Dunnican on November 26, 2018 in  2018 Housing Market  Buyers  infographic  Sellers
Some Highlights: Existing home sales are currently at an annual pace of 5.22 million, which is up 1.4% over last month. This reverses the six-month trend of dips in sales every month. The inventory of existing homes is still below the 6-month supply needed for a normal market and is now at a 4.3-month supply. NAR’s Chief Economist, Lawrence Yun, had this to say: “After six consecutive months of decline, buyers are finally stepping back into the housing market. As more inventory enters t... read more
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