Sunday, 26 June 2022 | The Latest Buzz for the Appraisal Industry

Existing Home Sales Slide Back to Pre-Pandemic Levels

April, May, and June of 2020 were the only 3 months where Existing Home Sales suffered as a result of the pandemic.  During those three months, the annual pace averaged roughly 4.4 million versus the last pre-pandemic reading of 5.4 million. That number jumped to nearly 6 million in July and didn’t show any serious signs of contraction until February of 2022. What’s up with the history lesson?  The most important past data point in

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