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NAR US Existing-Home Sales Report Shows 0.2% Decrease in August
Existing-home sales remained essentially the same in August, ticking down by 0.2% from July, according to the National Association of REALTORS® Existing-Home Sales Report. The Report provides the real estate ecosystem, including agents and home buyers and sellers, with data on the level of home sales, price, and inventory. Month-over-month sales increased in the Midwest and West, and fell in the Northeast and South. Year-over-year, sales rose in the Midwest and South, and fell in the Northeast and West. "Home sales have been sluggish over the past few years due to elevated mortgage rates and limited ... (full story)
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