Thursday, April 7, 2016

Home Sales Up Year-Over-Year



Some Highlights

  • This is the 48th consecutive month with year-over-year price gains.
  • Lawrence Yun, NAR's Chief Economist saysthat, "The main issue continues to be a supply &affordability problem. Finding the right property at an affordable price is burdening many potential buyers."
  • Inventory is still below historic norms at a 4.4 month supply.




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