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The Most Encouraging Stat Yet For Housing’s Recovery

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There have been many encouraging developments for the housing market, but we’ve uncovered the most encouraging nugget yet.

There were many stats provided in NAR’s latest existing-home sales report, many of which were positive for the housing market  (see our story here).

The most encouraging stat of all, though, was the one not included in NAR’s release; buried in a supplementary report, the stat is one of balance, and a clear sign that housing is on the the right path.

What is this magical stat? See our infographic below to find out:

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Comments

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    I think it’s a great stat – but to solidify your thought, you would have to see how that stacks up against inventory numbers. I can appreciate the cheer-leading sessions that you and the NAR are trying to present, but IMO, the reason that number is off is because the action the past few years was in the junk – REO markets and that inventory has started to dry up ! just saying

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