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Message Subject Sales of existing homes fall for 11th consecutive month
Poster Handle Pabamus V
Post Content
"The average median existing home price increased 2.3% in 2022, from $358,800 in December 2021, to $366,900 in December 2022."

 Quoting: MadCitySleeper


house prices went up, not down.

you're welcome.

lmao
 Quoting: Anonymous Coward 85143370


Right, this fact is contrary to the GLP notion that there will be some crazy crash in prices. But, there's no inventory, inflation affects almost all assets, new build is greater than the mean average of a house in the USA, and many buyers are still paying cash.

My market is extremely busy, in the off season. 4 buyers to 1 house.
 
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