Why are existing home prices rising when sales are still so low?
Housing Wire
APRIL 18, 2024
The supply and demand equilibrium changed after November 2022, and that itself has kept prices rising even with existing home sales still trending at the lowest levels ever for the third calender year. from February to a seasonally adjusted annual rate of 4.19 This scenario is similar to 2023 when rates fell. million in March.
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