Existing Home Sales Grow Despite Low Inventory

Dated: 06/06/2018

Views: 59

Image title


Some Highlights:

  • According to the latest Existing Home Sales Report from the National Association of Realtors, sales grew 1.1% in March to an annual pace of 5.60 million.

  • This is the strongest pace since November of 2017.

  • Inventory levels dropped year-over-year for the 34th consecutive month and are now 7.2% lower than March 2017 levels, representing a 3.6-month supply.

Blog author image

Greg Flanagan

Greg is a seasoned agent having helped over 250 families sell their current homes and purchase the home of their futures. ....

Want to Advertise on this Site?

Latest Blog Posts

SOLD New Home In St Thomas Preserve Daniel Island

We closed today on this fantastic new build with a long-time client, some who has bought/sold with us more than once. That's the kind of relationship we're focused on building with each client!This

Read More

Home Inspections What To Expect

So you made an offer, it was accepted, and now your next task is to have the home inspected prior to closing. Oftentimes, agents make your offer contingent on a clean home inspection.This

Read More

What If I Wait Until Next Year To Buy A Home

We recently shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have remained historically low which has allowed many buyers

Read More

50 Percent Of Homes Sold In 30 Days In March

Some Highlights: The National Association of REALTORS┬« recently surveyed their members for their Confidence Index. The REALTORS┬« Confidence Index is a key indicator of

Read More