Across much of the U.S., both new and existing home sales increased in January. At the same time, prices continue to rise in year-over-year comparisons, but the number of homes available for sale are not as high which can be hard on first time buyers. This can be good for buyers with more available funds for investments.
- New Listings increased 1.1% to 2,595
- Pending Sales increased 20.1% to 1,944
- Closed Sales increased 15.8% to 1,212