Despite lack of supply, existing home sales rise 6.7%
Housing Wire
FEBRUARY 18, 2022
months of supply; a healthy market generally has between four and six months of supply. Buyers were likely anticipating further rate increases and locking in at the low rates, and investors added to overall demand with all-cash offers,” said Lawrence Yun, NAR’s chief economist. That translates to just 1.6
Let's personalize your content