Existing Home Sales Grow Despite Low Inventory

Dated: 05/01/2018

Views: 157

Some Highlights:

  • According to the latest Existing Home Sales Report from the National Association of Realtors, sales grew 1.1% in March to an annual pace of 5.60 million.

  • This is the strongest pace since November of 2017.

  • Inventory levels dropped year-over-year for the 34th consecutive month and are now 7.2% lower than March 2017 levels, representing a 3.6-month supply.

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