The Existing Home Sales Reach Highest Annual Pace In 11 Years

The Existing Home Sales Reach Highest Annual Pace In 11 Years

Image title

Some Highlights:

  • Existing home sales are currently at an annual pace of 5.81 million, the highest pace since December 2006.

  • The inventory of existing homes for sale has dropped year-over-year for the last 30 consecutive months and is now at a 3.4-month supply.

  • NAR’s Chief Economist Lawrence Yun had this to say: “Faster economic growth in recent quarters, the booming stock market and continuous job gains are fueling substantial demand for buying a home as 2017 comes to an end.”


Paolo Prieto CalBRE 02026083 Headshot
Author:
Phone: 562-676-6560
Dated: December 22nd 2017
Views: 180
About Paolo: ...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

CoreLogic Reports - CoreLogic Reports US Single-Family
Apr 15 2018 32682 1 - Back to topAdvertise on
Using Gifts To Help With Your Purchase - How to use cash giftsWhat is a
4 Reasons Spring Is A Great Time To Buy A Home - Here are four great reasons to

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Brad Andersohn
2603 Camino Ramon Suite 200
San Ramon, CA
555-555-5555