2015: A Very Good Year for Residential Real Estate

It’s not breaking news but the numbers bear it out: 2015 was a very good year for residential real estate. According to the latest RE/MAX National Housing Report, December 2015 saw a 6.1 percent increase in sales over December 2014. The average number of days on the market in December was 67, up two days from November but down six days from the previous December.

Inventory of homes for sale continued to be lower in December: 12.5 percent lower than November and 14.2 percent below the December 2014 level.

Analysts are optimistic that the positive trend will continue on 2016.

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