Despite lack of supply, existing home sales rise 6.7%
Housing Wire
FEBRUARY 18, 2022
annually to $350,000, according to the Friday report from the National Association of Realtors. The supply of homes for sale fell to a record low, down 16.5% months of supply; a healthy market generally has between four and six months of supply. January sales fell 2.3% from a year ago. That translates to just 1.6
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