Some Highlights:
- Existing Home Sales are currently at an annual pace of 5.46 million.
- The inventory of existing homes for sale remains below the 6 months needed for a normal market and is now at a 3.9-month supply.
- Inventory remains low due to high demand from buyers who are still looking for a house to buy!
The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. We do not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision.