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Sales at Highest Pace in 10 Years! [INFOGRAPHIC]

Jan 27, 2017   //   by Ben Gerritsen   //   Mortgage News  //  Comments Off on Sales at Highest Pace in 10 Years! [INFOGRAPHIC]

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Sales at Highest Pace in 10 Years! [INFOGRAPHIC] | Simplifying The Market

Highlights:

  • 45 million existing homes were sold in 2016! This is the highest mark set since 2006.
  • Inventory of existing homes for sale dropped to a 3.6-month supply, the lowest level since NAR began tracking in 1999.
  • The median price of homes sold in December was $232,200. This is the 58th consecutive month of year-over-year price gains.

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