Last month’s predictions that home sales would be stronger than previously anticipated came to fruition, with sales increasing 7.5 percent year-over-year in November, according to the most recent Real Trends Housing Market Report.
- November's year-over-year home sales gains are the strongest the industry's seen since June, according to the most recent Real Trends Housing Market Report.
- However, the average price of homes sold showed only a slight increase of 0.5 percent overall, with the Northeast and Western regions reporting a slight price decline.
- The consensus still remains that we will see moderate increases in unit sales and prices next year.
Big plans for business in 2018?
Give yourself the tools to own the new year at Connect SF, July 17-20, 2018