December Real Estate Market Sees Home Prices Rise as Inventory Continues Slump
The Greater Lehigh Valley REALTORS® (GLVR) reported December data shows that most of 2016 offered the same monthly housing market highlights. The number of homes for sale was drastically down in year-over-year comparisons, along with days on market and months of supply. Meanwhile, sales and prices were up.
Closed home sales in the Lehigh Valley see slight boost as demand booms
The Greater Lehigh Valley REALTORS® (GLVR) reported September data shows that, as anticipated at the outset of the year, demand has remained high through the first three quarters of 2016, propping up sales and prices despite heavy reduction in inventory and months of supply.