Key Takeaways from the August Existing Homes Sales

Key Takeaways from the August Existing Home Sales Report – August existing home sales fell 0.9 percent from July to 5.33 million units at a seasonally-adjusted annual rate (SAAR), the second consecutive month of contracting sales. Inventory of existing homes on the market has been contracting for 14 months straight. After defying market expectations and showing surprising strength for much of the spring, late-summer doldrums are starting to hit the home sales market. Au… http://ow.ly/uMP2504L1bO

About BillGrossC21

Licensed California Real Estate Broker and Productivity Coaching
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