Existing Home Sales Slow to Start Spring [INFOGRAPHIC]

Some Highlights:

·       Existing Home Sales slowed to an annual pace of 5.21 million home sales in March.

·       Low inventory levels are still impacting home sales! The current month’s supply of homes for sale is 3.9-months.

·       Median home prices were up 3.8% over last March at $259,400. This marked the 85^th consecutive month with year-over-year price gains.