
October 4, 2020
Homes sold two weeks faster in September due to unusual surge!
Pending home sales hit all-time high in August, homes sold 2 weeks faster in September due to an unusual surge in demand and another month of strong gains in August for single-family construction. We take a closer look at this week’s top real estate market stories This Week in Real Estate.
“Unseasonably high buyer interest coupled with historically low inventory and favorable mortgage rates are creating a perfect storm in the housing market.”
said Danielle Hale, chief economist at realtor.com.