In this video, NAR Chief Economist Lawrence Yun says that the likely reason for the slight decline in existing-home sales in August is that investors are stepping out of the market. He talks about why this might be happening, as well as about inventory, the Federal Reserve, modest price appreciation, and rising rents.
Video: Existing-Home Sales Slow Slightly in August
Video: Existing-Home Sales Slow Slightly in August
Sep 22, 2014
2:51
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