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Weekly Real Estate Statistics – July 29th

August 7, 2017 By Janet Fitzpatrick

See the full report here for the ending of July 29th, 2017.

“A favorable economy has kept buyers active amidst a summer of stiff competition that has led prices upward and often over the asking price. The latest recorded national unemployment rate of 4.3 is historically low and has served as a general indicator of a strong economy. If wage growth shifts into overdrive from its current state of patient increases, we may see even higher prices or, conversely, more willingness by sellers to increase the inventory pool.”

Source: CAR

 

Filed Under: Weekly Stats

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Berkshire Hathaway HomeServices KoenigRubloff Realty Group
1800 N. Clybourn Ave.
Chicago, IL 60614
312-388-4594

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Nancy Hearon 312-953-5076
Janet Fitzpatrick 312-388-4594

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