Milestone Germantown MD | Existing Home Sales Slowed by a Lack of Listings [INFOGRAPHIC]

Some Highlights: The inventory of existing homes for sale has dropped year-over-year for the last 29 consecutive months and is now at a 3.9-month supply. Existing home sales are currently at an annual pace of 5.48 million, the highest pace since June of this year, but down 0.9% from October 2016. NAR’s Chief Economist, Lawrence Yun, had this to say: “While the housing market gained a little more mRead less