Metro East REIA
- Apr 26, 2022
- 1 min read

Existing Home Sales Dip 2.7% in March

The National Association of Realtors is reporting that existing home sales were down 2.7% in March to a seasonally-adjusted annual rate of 5.77 million (down 4.5% from one year ago). Total housing inventory at the end of March was 950k units, down 9.5% from one year ago. Unsold inventory sits at a 2-month supply at the current sales rate with properties remaining on the market for around 17 days. The median existing-home price for all housing types in February was $382k, which was up 15.2% from one year ago. Continue reading HERE...

Recent Posts

See All

Consumer Price Index Up 3.7% Year Over Year

The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.6% in August, 2023. The all items index was up 3.7% for the 12 months ending in

Reserves are Important

None of us knows what life will bring. All of a sudden, your ability to generate income may be severely restricted by an illness or injury. In the past few months, my office has worked with several in

Gap in Urban & Suburban Rent Growth Widened During the Pandemic

A recent report from Apartment List says the gap in urban and suburban rent growth widened during the pandemic. However, they do point out that while rents are now falling, they’re falling slower in