NAR Existing Home Sales Jan 2018

Housing Starts slump in January, for the second month in a row

According to the National Association of Realtors®, January saw existing home sales decrease by 3.20%. This is the second month of decline in a row.

“The utter lack of sufficient housing supply and its influence on higher home prices muted overall sales activity in much of the U.S. last month.” – Lawrence Yun, NAR chief economist

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