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Why Existing Home Sales Continued Their Decline in April

Ricky Cove
Why Existing Home Sales Continued Their Decline in April

The US National Association of Realtors (or NAR) releases a monthly report on the existing home sales (ITB) market. This report contains the trends in existing housing inventory, total housing inventory, median home prices, and mortgage rates. The changes to existing home sales data over a period help investors understand the trends in the secondary housing market (REM).