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Existing Home Sales Strongest Since 2006 Despite Supply Limits

By January 20, 2022Housing
Fueled by low mortgage interest rates and strong demand, annual existing home sales reached 15-year high in 2021, according to the National Association of Realtors (NAR). However, supply has continued to lag due to ongoing supply-chain disruptions and inventory fell to lowest level since January 1999, keeping home prices elevated and pricing out first-time and young buyers. Total existing home… Read More ›