Existing-Home Sales Down 2% in September

The National Association of Realtors is reporting that existing home sales were down 2% in September to a seasonally-adjusted annual rate of 3.96 million (down 15.4% year over year).  Total housing inventory at the end of September was 1.13 million units, up 2.7% from August but down 8.1% from one year ago.  Unsold inventory sits … Continue reading Existing-Home Sales Down 2% in September