top of page
  • Metro East REIA

Existing-Home Sales Drop 5.9% in October

The National Association of Realtors is reporting that existing home sales were down 5.9% in October to a seasonally-adjusted annual rate of 4.43 million (down 28.4% year over year). Total housing inventory at the end of October was 1.22 million units, down 0.8% from September and down 0.8% from one year ago. Unsold inventory sits at a 3.3-month supply at the current sales rate with properties remaining on the market for around 21 days. The median existing-home price for all housing types in July was $379,100, up 6.6% from one year ago. Continue reading HERE...

3 views0 comments

Recent Posts

See All

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

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

bottom of page