The Week Ahead: Inventory Woes Over? New and Existing Home Sales Reports

By Brianna Gilpin

Inventory was on everyone’s mind last week, and in the week ahead the New Home Sales Report and Existing Home Sales Report for May will be released Friday and Wednesday, respectively. With home buying putting undue stress on first time homebuyers, and a severe lack of inventory due to an unwillingness to sell and fewer new houses being built, it is becoming increasingly difficult for those that desire to purchase. The previous New Home Sales report was at nearly half a million—569,000—while existing homes counted 5.57 million sales, not enough to provide a relief for the growing market.

The post The Week Ahead: Inventory Woes Over? New and Existing Home Sales Reports appeared first on theMReport.com.

Via:: The Week Ahead: Inventory Woes Over? New and Existing Home Sales Reports

      

Comments

About MReport

MReport

Check Also

The Richest Appraiser in Babylon

If you’ve not read “The Richest Man In Babylon” by George S. Clason, stop reading …