top of page
Search
  • Metro East REIA

Existing Home Sales at Highest Level Since December 2006

The National Association of Realtors is reporting that existing home sales jumped 2.4% in August to a seasonally-adjusted annual rate of 6 million (10.5% higher than one year ago). Total housing inventory at the end of August was 1.49 million units, down 0.7% from July and down 18.6% from one year ago. Total unsold inventory was at a 3-month supply at the current sales pace with properties remaining on the market for around 22 days. Continue reading HERE...

0 views0 comments

Recent Posts

See All

The U.S. government is reporting that privately‐owned housing starts in February were at a seasonally adjusted annual rate of 1,450,000, which is 9.8% higher than January’s revised number but is 18.4%

According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were $1,702 in February, the same as January’s figure. Yardi says year-over-year growth continued its downw

bottom of page