Page 9 - InFocus Seller's Guide

According to the Existing Home Sales Report from the National Association of Realtors (NAR),
the monthly inventory of homes has been below six months for the last five years (see chart 2).

Bottom Line

If buyer demand outpaces the current supply of existing homes for sale, prices will continue to
appreciate. Nothing nefarious is taking place. It is simply the theory of supply & demand working as
it should.

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