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