RE/MAX National Housing Report for May 2019
DENVER/ June 17, 2019 (STL.News)
May home sales ticked slightly higher year-over-year, ending a 9-month streak of declines, according to the RE/MAX National Housing Report. At the same time, inventory grew for the eighth consecutive month, representing the most units for sale since August 2016 in the report’s 54 metro areas.
Homes sold quickly, as evident in the Days on Market average of 47 – the second-fastest May average in the 10-year history of the report.