RE/MAX National Housing Report: November 2016 Housing Data
The RE/MAX National Housing Report for December 2016: "November home sales defy seasonal trends" is the story of the month, with home sales up 19.1% despite what is normally considered a slow season for home sales. More homes were sold in November 2016 than any other November on record since RE/MAX began publishing its monthly National Housing Report eight years ago.
To quote Dave Liniger, Chairman and CEO of RE/MAX: “The continued decline of inventory and talk of rising interest rates may have contributed to November’s surge of home sales." Over the past 11 months, the majority of markets have seen home prices (24 comments)