Wednesday, 20 February 2019

U.S. housing sales declines and inventory rises, luring potential new buyers: report

The U.S. housing market keeps slowing down, with January having marked the sixth consecutive month of declining sales. It was also the biggest year-over-year inventory increase in a decade — 6.4 percent — according to Re/Max’s National Housing Report for January. But the drop in sales and rise in inventory could make homes more affordable to more potential buyers, according to the report. For years, low housing inventory pushed up demand, pricing many potential buyers […]



source https://therealdeal.com/chicago/2019/02/19/u-s-housing-sales-declines-and-inventory-rises-luring-potential-new-buyers-report/#new_tab

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