In December, potential existing-home sales increased slightly from the previous month, pushing the market’s potential above its 2018 rate, according to First American’s Potential Home Sales Model. The final month of 2019 saw actual existing-home sales exceed housing market potential by 1.2%, representing an estimated 64,830 seasonally adjusted annualized sales, said Mark Fleming, First American’s chief economist. […more]
Posted in: San Francisco
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