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Why Existing Home Sales Have Been on a Continuous Slide

Why Existing Home Sales Have Been on a Continuous Slide

The United States National Association of Realtors (or NAR) releases a monthly report on the existing home sales (ITB) market. Trends in existing housing inventory, total housing inventory, median home prices, and the mortgage rates are released through this report. Investors can assess the appetite of home buyers in the secondary housing market (REM) through this report.