In September 2022, existing-home sales fell for the eighth consecutive month. “The current lack of supply underscores the vast contrast with the previous major market downturn from 2008 to 2010, when inventory levels were four times higher than they are today," said Lawrence Yun, Chief Economist for NAR.
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Existing Home Sales Drop in February
Continuing a pattern of recent rises and declines over the last few months, existing home sales dropped in February 2022 according to the Existing Home Sales Report from ...
Read More »Existing-Home Sales Flourishing Despite Headwinds
Inventory is tight and prices are outpacing incomes, but that did not stop existing-home sales from reaching a post-recession high.
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