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Tag Archives: Inventory

Home Prices Sustained by Falling Supply & Rising Demand

"Many markets have experienced a low inventory of homes for sale along with strong buyer demand, which is sustaining upward pressure on home prices. These conditions are likely to persist as we enter 2016,” said Dr. Frank Nothaft, chief economist for CoreLogic.

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Existing-Home Sales Pick Up in September

Existing-home sales have reversed the downward trend in recorded in August due to stock market declines, rising 4.7 percent to a seasonally adjusted annual rates of 5.55 million in September, the highest pace since February 2007. The National Association of Realtors reported Thursday that September's rebound in existing–home sales marks a year–over–year increase for 12 consecutive months and all four major regions experienced gains.

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