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What the slowing housing market means for NJ buyers, sellers

Robert White, president of New Jersey Realtors, assesses the market

08/19/2022

NJ Spotlight News

What the slowing housing market means for NJ buyers, sellers

Clip: 8/19/2022 | 3m 44sVideo has Closed Captions

Robert White, president of New Jersey Realtors, assesses the market

If you are looking to buy a home, now might be a good time. New data shows the competition to buy a home is starting to ease. Homes in July received an average of 2.8 offers, down from 3.4 offers in June and down from 4.5 a year ago, according to the National Association of Realtors. The association reported that sales of previously owned homes fell nearly 6% in July compared with June.

08/19/2022

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