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Home sales drop for eighth consecutive month

NJ Realtors president on declining home sales, what it means for buyers and sellers

11/23/2022

NJ Spotlight News

Home sales drop for eighth consecutive month

Clip: 11/23/2022 | 4m 31sVideo has Closed Captions

NJ Realtors president on declining home sales, what it means for buyers and sellers

The housing market is hitting another speed bump, adding to growing concerns about a potential crash. The latest monthly report from New Jersey Realtors shows existing home sales dropped nationwide for the eighth month in a row. According to the National Association of Realtors, that’s a 24% decline from the same time last year. Robert White, president of New Jersey Realtors shares his thoughts.

11/23/2022

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