NAR: August 2018 Existing Homes Sales Report

Here is the August 2018 Existing Home Sales Report from Lawrence Yun, Chief Economist for the National Association of REALTORSĀ®. Sales are down slightly, but median prices continue to rise. The data implies that many buyers may be sitting on the sidelines waiting for additional inventory. Yun mentions that rental increases are starting to slow down which could force investors to sell adding welcome inventory to the market.

Skip to toolbar