Existing Home Sales

Julie C. Nichols Mortgage

Existing Home Sales fell 0.4% in April.  This was weaker than the 2.7% gain expected, but really not a bad report as the media would have you believe.  Interestingly, homes remained on the market for only 24 days on average, which is down sharply from 36 days in March.  53% of homes sold in April were on the market for less than a month.  If you priced your home correctly, it sold quickly.  The entire reason for the decline was weaker sales in

 

Re-Blogged from MBS Highway: https://www.mbshighway.com/gallery/Existing-Home-Sales-5-21-2019-png

 

 

The views expressed are my own and do not necessarily reflect the views of my employer.

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