NAR: Buyer traffic up 29% from a year ago

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 · In other parts of the country, however, sales of existing homes were up-5.7% in the West and 1.9% in the South. (The South actually led the country in annual home sales, up 8.5% from a year ago.)

The fastest inventory growth was found in condominiums and townhomes, which are now up 7 percent year-over-year, but single family homes are growing at a faster pace than last month, now growing.

Saria Finkelstein LIVE buyer consultation 2017 According to our friends at Keeping Current Matters in the National Association of REALTORS foot the traffic is up from a year ago. And we have even less supply. folks buyer demand isn’t going.

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November existing sales embraced an end of the year rally, increasing 5.6% to the highest level since December 2006; but the first-time buyer share of 29% continued to disappoint. The National Association of Realtors reported 44% of homes sold last month were on the market less than a month, a slightly slower pace than the 47% last month.

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In March sales of previously owned homes slipped 0.6% from a month earlier due to tight inventory levels, according to the National Association of Realtors. "Buyer traffic is 25%. down from 29%.

Existing-home sales improved for the second month in a row in May, up significantly from a year ago, while the median sales price continued to increase. NAR: Buyer traffic up 29% from a year ago.

Inventory is up from 3.4 months year over year in compared to February 2018. According to the NAR, the national median existing. The percentage of first-time buyers increased from 29% in January to.

The median price of a home sold in March was $259,400, a 3.8% increase versus a year ago. At the current pace of sales, it would take 3.9 months to exhaust available supply, still well below the.

NAR Chief Economist Lawrence Yun said Madison has many attributes that appeal to Millennials, including earning potential. In fact, as of 2017, the median income for Madison’s Millennials sat at.