Existing-home sales hit 11-year high – but inventory, price troubles loom

The continued inventory shortage is causing troubles for buyers, but 2017 still ended up being the best year for existing-home sales in 11 years, according to the National Association of Realtors. Existing-home sales dropped 3.6% month over month on a seasonally adjusted basis in December as inventory woes continued. But even with that decline, sales[…]