Existing Home Sales Inch Up In January [INFOGRAPHIC]
Some Highlights
- Existing Home Sales rose to an annual rate of 5.47 million, representing an 11% increase year-over-year.
- Inventory levels remain below the 6-month supply needed for a normal market at a 4.0-month supply.
- Lawrence Yun, NAR’s Chief Economist, warns: “The spring buying season is right around the corner and current supply levels aren’t even close to what’s needed to accommodate the subsequent growth in housing demand.”
|
Members: Sign in now to set up your Personalized Posts & start sharing today!
Not a Member Yet? Click Here to learn more about KCM’s newest feature, Personalized Posts. |

![Exising Home Sales Inch Up In January [INFOGRAPHIC] | Simplifying The Market](https://files.keepingcurrentmatters.com/wp-content/uploads/2016/02/EHS-FEB-STM.jpg)
