NAR released its first 'Housing Minute' video as part of a monthly series
Total housing inventory experienced a small increase as well
The median days on market in April 2017 was 29 -- a new low, according to NAR
Robust job gains and growing household confidence to propel existing-home sales, but homeownership will be hampered by inventory, affordability
Buyers continue to flood the market as some areas experience 'unhealthy appreciation'
Inventory shortage remains headwind in the face of stronger foot traffic
On the dynamic between homes for rent and homes for sale
The 'autumn revival' might be over with, but end-of-year sales were still doing OK
Know how well we are doing in the context of today’s market potential
The seasonally adjusted annual rate of 5.60 million is the highest rate since February 2007
Existing-home sales are up 3.2 percentage points, according to NAR
Tight inventory and skyrocketing prices will slow sales in 2017
NAR chief economist says 'lack of supply is stifling the efforts of many prospective buyers'
The share of first-time buyers was 33 percent, the highest since February 2012
But low inventory woes have yet to dissipate