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Realty Blog By Monica

Drop in Inventory Fuels Sales Slowdown

0
May 25, 2018 - General Information

Drop in Inventory Fuels Sales Slowdown [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • Existing Home Sales are now at an annual pace of 5.46 million.
  • Inventory of existing homes for sale dropped to a 4-month supply, marking the 35th month in a row of declines.
  • The median price of homes sold in April was $257,900. This is the 74th consecutive month of year-over-year price gains.

Source: simplifyingthemarket.com

Monica Foster May 25, 2018
Tags:   For Buyersfor sellersInfographics

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