Existing-Home sales dropped 4.1% in October

Median existing-home sales price climbed 3.4% from one year ago Upper Cumberland – Existing-home sales dropped 4.1% (down 14.6% from one year ago) in October to a seasonally adjusted annual rate of 3.79 million, according to a report by the National Association of Realtors (NAR). The median existing-home sales price climbed 3.4% from one year ago to $391,800 – the fourth consecutive month of year-over-year price increases while inventory of unsold existing homes grew 1.8% from the previous month to 1.15 million at the end … Continue reading Existing-Home sales dropped 4.1% in October