Currently viewing the tag: "Existing Home Sales,NAR,Home Supply"
It’s encouraging that first-time and investment property buyers were both outnumbered by “move-up” buyers in October; buyers that have sold their respective homes in favor of larger ones.
“Deals” were in ample supply this summer and eager home buyers snatched them up.
According to the National Association of Realtors®, although the number of homes sold ticked higher in April, so did the supply of existing homes for sale, too. Sellers are now listing homes faster than buyers can buy them.
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