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Existing Home Sales Slowed By A Lack Of Listings [INFOGRAPHIC]

Posted by David E. DeChant on Friday, November 23rd, 2018 at 8:40am.

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 the market and we head into the winter season, home price growth has begun to slow more meaningfully. This allows for much more manageable, less frenzied buying conditions.”

Bottom Line: 

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Source: https://www.keepingcurrentmatters.com/2018/11/23/existing-home-sales-slowed-by-a-lack-of-listings-infographic-2/ 

3 Responses to "Existing Home Sales Slowed By A Lack Of Listings [INFOGRAPHIC]"

Buyers: Don’t Be Surprised By Closing Costs! wrote: [...]Links

Existing Home Sales Slowed By A Lack Of Listings [INFOGRAPHIC]
Will Your Side Hustle Buy You A House This Year?
Females Are Making It A[...]

Posted on Monday, November 26th, 2018 at 2:57pm.

The #1 Reason to Not Wait Until Spring to Sell Your House wrote: [...]Links

Buyers: Don’t Be Surprised By Closing Costs!
Existing Home Sales Slowed By A Lack Of Listings [INFOGRAPHIC]
Will Your Side Hustle Buy You A House This Year?




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Posted on Monday, December 3rd, 2018 at 11:44am.

24% of Renters Believe Winter is the Best Time to Buy a Home wrote: [...]Spring to Sell Your House
Buyers: Don’t Be Surprised By Closing Costs!
Existing Home Sales Slowed By A Lack Of Listings [INFOGRAPHIC]




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Posted on Monday, December 3rd, 2018 at 11:55am.

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