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Existing Home Sales Grow Despite Low Inventory...
Michael Brown - Broker
April 27, 2018
Existing Home Sales Grow Despite Low Inventory [INFOGRAPHIC]
According to the latest
Existing Home Sales Report
National Association of Realtors
, sales grew 1.1% in March to an annual pace of 5.60 million.
This is the strongest pace since November of 2017.
Inventory levels dropped year-over-year for the 34
consecutive month and are now 7.2% lower than March 2017 levels, representing a 3.6-month supply.
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