Home Transactions Drop 14.6% in September but Remain Higher than Last Year - LoanRateUpdate

Last month 47 of the metro areas posted sales increases. The year-over-year median price difference has improved every month for the last six months. In August the price difference from the previous year was 3. The areas that posted the largest price gains were Detroit, MI (+13. The slowdown in sales in September resulted in the average months supply of inventory increasing to 7. For all 53 metro areas, the average monthly inventory of Homes for Sale declined by 4. Yes No Do you have a signed contract to buy your home. SecureRights collects and transfers your information to complete your request. We make no representationsor warranties of any kind, expressed or implied, about the completeness, accuracy, or reliability of the information, products,or services contained on the website. Any reliance you place on such information is therefore strictly at your own risk. Homes for Sale