Existing-home sales and contract signings saw strong gains in October, but both remained below year ago levels because of the persistent supply and affordability barriers in much of the country.
Watch above, or visit https://www.nar.realtor/videos/housing-minute to view a 56-second, animated video from the National Association of Realtors® summarizing how the housing market performed in October, as well as a breakdown of single-family home prices during the third quarter of this year and NAR’s 2018 housing forecast.