Some Highlights:

• EXISTING HOME SALES SLOWED DOWN SLIGHTLY IN AUGUST BUT REMAINED 6.2% HIGHER THAN AUGUST 2014.
• INVENTORY LEVELS REMAIN BELOW THE 6 MONTHS NECESSARY FOR A NORMAL MARKET AT A 5.2-MONTH SUPPLY.
• FIRST TIME BUYERS REBOUNDED IN AUGUST TO MAKE UP 32% OF SALES, MATCHING A 2015 HIGH.

Great information provided by the KCM Blog