In this video, NAR Chief Economist Lawrence Yun talks about the decline in sales of lower-priced homes because of low inventory, the increase in higher-priced homes, and highest and lowest price changes by region. He also explains pocket listings and their relationship to median days on the market, and discusses the unsustainability and unhealthiness of the current rate of home price growth.
Video: June Existing-Home Sales Slip
Video: June Existing-Home Sales Slip
Jul 22, 2013
5:38
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