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Mary Carlton / Oregon Broker
201217568 / GRI, SRS, ABR, RENE eXp Realty, LLC 1001 Emkay Dr., Suite 100 Bend, OR 97702 541-668-1632

10
Aug

Existing Home Sales Cooling Off This Summer [INFOGRAPHIC]

Existing Home Sales Cooling Off This Summer [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • According to the National Association of Realtors’ latest Existing Home Sales Report, sales in June were down 2.2% from last year.
  • Inventory of homes for sale showed a modest improvement of 0.5% over last year’s figures, but still remains under the 6-month supply needed for a normal market.
  • NAR’s Chief Economist Lawrence Yun had this to say: “There continues to be a mismatch since the spring between the growing level of homebuyer demand in most of the country in relation to the actual pace of home sales, which are declining. The root cause is without a doubt the severe housing shortage that is not releasing its grip on the nation’s housing market.”
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Mary Carlton / Oregon Broker

201217568 / GRI, SRS, ABR, RENE Office: 541-668-1632

eXp Realty, LLC
1001 Emkay Dr., Suite 100
Bend, OR97702
541-668-1632

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