Existing Home Sales Rise 1.1% YoY As EHS Inventory Hits All-time Low (Median Price Rises 5.8% YoY)
by Anthony B Sanders December existing home sales, according to the National Association of Realtors, fell -3.6% from the previous month. This was worse than the expected -1.9% decline. But on a positive note, existing home sales ROSE 1.1% on a Year-over-year (YoY) basis. The bad news? The inventory of existing home sales fell to … Read more