Supply of homes for sale hits record low, and prices suddenly jump

Posted from: https://www.cnbc.com/2020/01/22/supply-of-homes-for-sale-hits-record-low-and-prices-suddenly-jump.html

Buyers are trolling the nation’s neighborhoods looking for homes at the fastest pace in nearly two years, making an already critical shortage of inventory even worse. Sales of existing homes jumped a larger-than-expected 3.5% in December compared with January, according to the National Association of Realtors….

Posted from: https://www.cnbc.com/2020/01/22/supply-of-homes-for-sale-hits-record-low-and-prices-suddenly-jump.html

Buyers are trolling the nation’s neighborhoods looking for homes at the fastest pace in nearly two years, making an already critical shortage of inventory even worse. Sales of existing homes jumped a larger-than-expected 3.5% in December compared with January, according to the National Association of Realtors….

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