US housing market seems to be recovering

When the US housing is not doing well, Buyers in Sellers in Vancouver frequently refer to the US housing market as an indicator of the likely trend in the near future of the Vancouver housing market. It is up for discussion whether this is a valid indicator but for people who believe it is, there is good news.

Both the news media and the NAR (the American National Association of Realtors) have reported that existing-home sales rose for the third consecutive month with inventory easing and home prices declining less sharply in June.