Existing Home Sales Bounce Back [INFOGRAPHIC]
![Existing Home Sales Bounce Back [INFOGRAPHIC] | Simplifying The Market](http://www.simplifyingthemarket.com/wp-content/uploads/2016/01/EHS-JAN-STM.jpg?a=240219-a0d422b32246954045ab854066d8c3f4)
Some Highlights:
- Sales in December were 14.7% higher than those in November, marking the largest month-over-month increase ever recorded.
- Inventory levels are still below historic norms at 3.9-months supply.
- Median home price is up 7.6% from last year, marking the 46th consecutive month with year-over-year price gains.