Existing Home Sales Reach Highest Annual Pace in 11 Years

 

Some Highlights:

  • Existing home sales are currently at an annual pace of 5.81 million, the highest pace since December 2006.
  • The inventory of existing homes for sale has dropped year-over-year for the last 30 consecutive months and is now at a 3.4-month supply.
  • NAR’s Chief Economist Lawrence Yun had this to say: “Faster economic growth in recent quarters, the booming stock market and continuous job gains are fueling substantial demand for buying a home as 2017 comes to an end.”
When Is the Perfect Time To Move?

When Is the Perfect Time To Move?

No matter when you buy, there’s always some benefit and some sort of trade-off – and that’s not a bad thing.
That’s just the reality of it.

What To Save for When Buying a Home

What To Save for When Buying a Home

Planning ahead and understanding the costs you may encounter upfront can make buying a home less intimidating and allow you to take control of the process.

Pin It on Pinterest

Share This