![Lack of Existing Home Sales Inventory Impacting Sales [INFOGRAPHIC] | Keeping Current Matters](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_vd56eKeK77FIM7C6VbsPI5EzKeEBJGUK8Zqm_8x02CqW9XQoM96UxdSMQ79fF0CbPhkQYasBAG=s0-d)
Some Highlights:
- Existing home inventory is down 10.1% from last year.
- A lack of inventory explains the modest increase in home sales (0.8% year-over-year) despite strong buyer demand.
- Existing home prices increased 5.1% year-over-year, which is directly related to the lack of inventory.
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Robbie English, Broker, Realtor®, CRB, GRI, PSA, RENE • Dewey Blanton Real Estate • 512-910-HOME - mobile • soldbyrobbie@gmail.com
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