Existing Home Sales Reach Highest Annual Pace in 11 Years [INFOGRAPHIC]


Some Highlights:

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

  2. 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.

  3. 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.”

Mobile: 631-942-9971

EFax: 631-201-3855

Adress: 944 Scherger Avenue, East Patchogue NY 11772

©2019 by Walkidia Gonzalez. Proudly created with Wix.com