DFW Homes For Sale
NAR: Existing Home Sales At 3-Year Low In January
The National Association of Realtors reported that existing home sales for January posted at a seasonally adjusted annual rate (SAAR) of 4.94 million. This was 1.2 percent lower than the December reading, and 8.5 percent lower than the same time a year ago. The median price of a resale home sold in January was $247,500 while the average price of a U.S. resale property sold in January was $286,800. With the modest rise in prices, January saw the 83rd consecutive month of year-over-year price gains. The inventory of existing homes in the U.S. rose 4.6 [...]