Why the Median Home Price Is Meaningless in Today’s Market
June 26, 2023
The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel a bit confusing, especially if you’ve been following along and seeing the blogs saying that home prices have bottomed out and turned a corner.
BLOG LINKS (click link below for more information)
- What's the difference between a Home Inspection and an Appraisal?
- Reasons to Sell Your Home Today
- Why You Can't Compare Now to the "Unicorn" Years of the Housing Market
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