![Exising Home Sales Inch Up In January [INFOGRAPHIC] | Keeping Current Matters](http://www.keepingcurrentmatters.com/wp-content/uploads/2016/02/EHS-FEB-KCM.jpg)
Some Highlights:
- Existing Home Sales
rose to an annual rate of 5.47 million, representing an 11% increase
year-over-year.
- Inventory levels
remain below the 6-month supply needed for a normal market at a 4.0-month
supply.
Lawrence Yun,
NAR's Chief Economist, warns:
"The spring buying season is right around the corner and current supply levels aren't even close
to what's needed
to accommodate the subsequent growth in housing demand."Looking to Buy, Sell, or Invest? Contact:
David Demangos
858.232.8410
Locally Known, Globally Connected
Luxury Home Marketing Specialist
Global Property Specialist
David@AwesomeSanDiegoRealEstate.com
Our Team Goes to Extremes to Fulfill Your Real Estate Dreams!
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