Home Sales Up Year Over Year (INFOGRAPHIC)

Some Highlights

• This is the 48th consecutive month with year-over-year price gains.
• Lawrence Yun, NAR’s Chief Economist says that, “The main issue continues to be a supply & affordability problem. Finding the right property at an affordable price is burdening many potential buyers.”
• Inventory is still below historic norms at a 4.4 month supply.