Existing Home Sales Grow Despite Low Inventory [INFOGRAPHIC]
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Property Features
Some Highlights: According to the latest Existing Home Sales Report from the 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 34th consecutive month and are now 7.2% lower than March 2017 levels, … Continue reading Existing Home Sales Grow Despite Low Inventory [INFOGRAPHIC]
Property Description
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Some Highlights:
- According to the latest Existing Home Sales Report from the 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 34th consecutive month and are now 7.2% lower than March 2017 levels, representing a 3.6-month supply.
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Herbert Riggs
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I have lived and worked in the Northern Virginia area for over 20 years. I am committed to honesty, integrity and excellence in every relationship I build in my real estate endeavors.
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