Existing Home Sales Bouncing Back

Despite Low Home Inventories, Existing Home Sales Are Bouncing Back!

Existing Home Sales Bounce Back

Click the Image Above To Download This Graph

 

According to Keeping Current Matters, the highlights in Home Sales Bouncing Back Graph are:

  • Sales in December were 14.7% higher than those in November, marking the largest month-over-month increase ever recorded.
  • Inventory levels are still below historic norms at 3.9-months supply.
  • Median home price is up 7.6% from last year, marking the 46th consecutive month with year-over-year price gains.

 

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