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Analyzing the Fall in December’s Existing Home Sales

Ricky Cove
Analyzing the Fall in December’s Existing Home Sales

The United States NAR (National Association of Realtors) releases a monthly report on the existing home sales (ITB) market. The report contains information about trends in the housing inventory, total housing inventory, median home prices, and the 30-year mortgage rate. Demand in the housing market (REM) can be assessed through the changes in the inventory of existing home sales.