Tag Archives: existing home sales

Housing Experienced a Supply and Demand Conflict in May

The housing market experience experienced a “conflict” between supply and demand in May as increased home values resulted in sales, which subsequently increased supply – but at the same time, lack of affordability and economic uncertainty reduced demand, according to First American Chief Economist Mark Fleming. The market capacity for existing-home sales increased by 0.3 […]

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Housing Reports to Watch

Monday, June 23rd, the National Association of Realtor published it’s existing-homes sales statistics for May, which rose 4.9%.  It was the biggest gain since 2011, and a back to back increase from April, when sales rose 1.5%.  The figure was good news, not only for the housing market, which looked stalled in march, but for […]

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