house out of reach

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Inventory Tightness Continues

The September-October 2019 Market Pulse offers a glimpse at the current state of the housing market.

September - October
2019

Existing-home sales weakened in June after gains in the previous month. Continuing tight inventory conditions, especially at more affordable price points, mean that home prices are mildly reaccelerating.

existing home sales chart

Click the photo above to see NAR's latest statement on existing-home sales.

Cash Sales on the Decline

Individual investors, who account for many cash sales, purchased 10% of homes in June, down from 13% recorded in both May 2019 and June 2018. 

Cash sales cart. Text above.

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