Login  |  Create Account
Nov 23

More Sales, Less Inventory : Home Prices Headed Higher?

existing-supply

The housing market continues to signal that a broad rebound is underway. In October, despite sparse home inventory, the number of properties sold increased 1.4% nationwide. According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, October Existing Home Sales gained 70,000 units as compared to September, registering 4.97 million existing homes sold overall. An "existing home" is a home that has been previously occupied and, as compared to … [Read more...]