Economists' Outlook

Housing stats and analysis from NAR's research experts.

Time On Market Continues to Decline

More homes are being sold in less than a month according to the latest edition of the Realtors® Confidence Index report than was previously the case.  Approximately a third of properties were on the market for less than a month when sold, and 58 percent were sold within 3 months.

Conversely, 24 percent of homes were on the market 6 months or more when sold, lower than a year ago.

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