First American Financial Corporation released First American’s proprietary Potential Home Sales Model (PHSM) for March 2022, showing that potential existing-home sales decreased to a 5.97 million seasonally adjusted annualized rate (SAAR) — a 3.2% month-over-month decrease. The market potential for existing-home sales decreased 3.9% compared to 2021, — a loss of 240,100 (SAAR) sales, while …
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Source: DS News