What December's 10% Home Sales Drop Really Means, Why DOM Is So Important For Tracking Real Estate Markets, US Home Sales December Tumble

What December's 10% Home Sales Drop Really Means

Real Estate Tip:

The average number of days on market required to sell a home gives you a good indication of the strength of that local real estate market--a higher average number of days on market usually suggests a weaker market, a lower average number of days on market implies a stronger local real estate market.

Real Estate Insight:

Compared to a year earlier, U.S. home sales dropped 10.3% in December