https://files.keepingcurrentmatters.com/wp-content/uploads/2016/12/07155505/KCM-Share-5.jpg 315 600 The KCM Crew https://www.keepingcurrentmatters.com/wp-content/uploads/2023/01/KCMLogoFlatForDarkTM-300x39.png The KCM Crew2016-12-23 06:30:142016-12-21 16:26:44Existing Home Sales Surge Through The Holidays [INFOGRAPHIC]
Existing Home Sales Surge Through The Holidays [INFOGRAPHIC]
- November’s Existing Home Sales report revealed that sales are now at an annual pace of 5.61 million which is “now the highest since February 2007 (5.79 million) and is 15.4% higher than a year ago (4.86 million).”
- Total housing inventory (or the inventory of homes for sale) fell 8.0% from last month and is now 9.3% lower than November 2015.
- Inventory has dropped year-over-year for the last 18 months.
- The median price for all home sales in November was $234,900, up 6.8% from last year and marks the 57th consecutive month of year-over-year gains.
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