• Existing home sales at third highest level this year.
• Inventory of homes for sale has dropped 8.4% since last year, marking the 24^th consecutive month of year-over-year declines.
• NAR’s Chief Economist, Lawrence Yun had this to say: "Listings in the affordable price range are scarce, homes are coming off the market at an extremely fast pace and the prevalence of multiple offers in some markets are pushing prices higher.”

https://www.keepingcurrentmatters.com/?p=2057241