February 2019 Market Stats

It is worthwhile to mention the weather when discussing residential real estate for large portions of the U.S. for February 2019, because this month has turned in some impressively cold, rainy and snowy days that have stalled some buying and selling actions. Nevertheless, housing markets have proven to be resilient despite predictions of a tougher year for the industry. It is still too early to say how the entire year will play out, but economic fundamentals remain positive. Closed Sales decreased 5.5 percent for existing homes and 17.2 percent for new homes. Pending Sales decreased 0.4 percent for existing homes and 35.1 percent for new homes. Inventory decreased 1.2 percent for existing ho

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Realty Executives of Kansas City  100 NE Tudor Rd, #100  Lee's Summit, MO  64086  816-246-7500     dymonwood@realtyexecutives.com

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