Existing Home Sales Slowed By A Lack Of Listings INFOGRAPHIC

Existing Home Sales Slowed By A Lack Of Listings INFOGRAPHIC

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

   For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers

Image titleSome Highlights:

  • The inventory of existing homes for sale has dropped year-over-year for the last 29 consecutive months and is now at a 3.9-month supply.

  • Existing home sales are currently at an annual pace of 5.48 million, the highest pace since June of this year, but down 0.9% from October 2016.

  • NAR’s Chief Economist, Lawrence Yun, had this to say: “While the housing market gained a little more momentum last month, sales are still below year ago levels because low inventory is limiting choices for prospective buyers and keeping price growth elevated.”


Frank Provencal Headshot
Author:
Phone: 207-710-9493
Dated: November 25th 2017
Views: 16
About Frank: Frank Provencal has over 20 years of combined public service with the Maine Department of Correction...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

eXp Realty LLC
415 Congress Street, Suite 202
Portland, ME
888-439-8743