Jan 21, 2022 04:39 AM (GMT+8) · EqualOcean
According to the data released by the National Association of Realtors on January 20, the median U.S. home sales price in 2021 was $346900, an increase of 16.9% over 2020, the highest since 1999. The data also show that 6.12 million properties were sold in the United States in 2021, an increase of 8.5% over the previous year. By the end of December 2021, the inventory of unsold existing houses fell to 910000 units, a record low. Lawrence Yun, chief economist of the National Association of Realtors, predicts that with the rise of mortgage interest rates, the total annual home sales in 2022 may decline slightly.