Drop In Inventory Fuels Sales Slowdown

Dated: December 13 2018

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Some Highlights:

  • Existing Home Sales are now at an annual pace of 5.46 million.
  • Inventory of existing homes for sale dropped to a 4-month supply, marking the 35th month in a row of declines.
  • The median price of homes sold in April was $257,900. This is the 74th consecutive month of year-over-year price gains.
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Carlos Cardenas

Real Estate Broker offering over 18 years of experience in the industry specializing in Commercial and Residential Real Estate in South Florida. Solid business background with experience in accounting....

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