Inventory across all housing types fell 0.8 percent from the month previous and 12 percent year over year to 1.25 million units. Nonetheless, home sales are expected to exceed 6 million by the end of the year.
Source: Inman News
2021 on pace to tally biggest year in existing-homes sales since 2006
Published in 30-year mortgage, affordability, Analysis, Data, distressed sales, existing-home sales, first-time homebuyers, home prices, inventory, Markets & Economy, NAR chief economist Lawrence Yun, National Association of Realtors (NAR) and Select
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